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Tesla profit slumps 39% as EV sales dry up and tariff worries loom
Falling sales have seen Tesla lose its crown as the world’s largest electric-vehicle maker to Chinese rival BYD. Photograph: David Zalubowski/AP
Tesla’s first-quarter profit dropped 39 per cent as sales of its electric vehicles plummeted owing to a wea…
China’s CATL says it has overtaken BYD on 5-minute EV battery charging time
CATL has unveiled upgraded battery cells it claims can offer faster charging for electric vehicles than its rival BYD, putting the two Chinese groups ahead of competitors in the race to overcome a major barrier to the shift away from petrol vehicles.&#…
US stocks and dollar sink as Trump renews attacks on Fed chair Powell
NEW YORK, NEW YORK – APRIL 21: Traders work on the floor of the New York Stock Exchange during morning trading on April 21, 2025 in New York City. The stock market continued a decline in points with the Dow Jones opening under 500 points as U.S.&…
Trump administration set to impose steep fees on Chinese ships docked in US ports
The Port of Los Angeles. The Trump administration will begin to impose fees on Chinese-built ships docking in US ports as it tries to spur US shipbuilding, in a move likely to escalate trade tensions between Washington and Beijing.…
This data com…
America is now an unstable emerging market
America under president Donald Trump is an emerging market (EM). That’s my takeaway from the last few days of tariff chaos and its fallout.
When I first raised this idea last October, I pointed out that emerging markets are often characterised by uncer…
Make America make again? Trump’s tariffs will only be manufacturing pipe dreams
Donald Trump’s tariff strategy has at least one biblical connection: like the peace of God, it “passeth all understanding” (Philippians 4:7). Rival attempts to extract a rationale from the chaos include the idea that he is trying to devalue the dollar,…
EU will not rip up tech rules for trade deal with Trump, senior official says
The EU will not rip up its tech rules in an attempt to reach a trade deal with Donald Trump, the bloc’s most senior official on digital policy has said.
Henna Virkkunen, the European Commission vice-president responsible for tech sovereignty, indicated…
With Prime Minister’s Office push, India finalises terms for US trade deal
A DAY BEFORE the US reciprocal tariffs kick in on April 2, India has agreed to the Terms of Reference for the Bilateral Trade Agreement with the US following an intervention from the Prime Minister’s Office (PMO).…
This data comes from the ChinaP…
How and why parents and teachers are introducing young children to AI
Since the release of ChatGPT in late 2022, generative artificial intelligence has trickled down from adults in their offices to university students in campus libraries to teenagers in high school hallways.…
This data comes from the ChinaPulse.com…
JD Vance accuses Denmark of neglecting Greenland as he arrives for controversial visit
US vice president JD Vance, with Secretary of Energy Chris Wright (L) and US national security advisor Mike Waltz (R), speaks at the US military’s Pituffik Space Base in Greenland. Photograph: Jim Watson/AFP via Getty Images
US vice president JD …