Gardaí at scene of collision in Co Cork
The N71 has been closed between Ballinhassig and Innishannon as a result.
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The collision happened at around 7.15am.
Local diversions are in place.
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The Guardian
10 minutes ago
- The Guardian
Low expectations for Tesla's second-quarter earnings attributed to Musk
It's been a rocky year for Tesla's financial outlook. The electric vehicle maker once led the market for gas-free cars, but recently has faced falling stock, steep competition and a CEO who's been described as erratic and a chaos maker. Given the events of the past few months, Wall Street has a pessimistic expectation for Tesla's second-quarter earnings, to be reported after the bell on Wednesday. Analysts are predicting the company's second-quarter revenue to be $22.7bn, down 11% from the same time last year, and marking a second straight quarterly decline, according to CNBC. Tesla's stock has vacillated throughout 2025, starting the year at a near all-time high of $428 per share in January and then plummeting by nearly half to $222 per share in March. Tesla's overall stock has dropped nearly 13% this year. Earlier this month, Tesla released data on its vehicle deliveries and showed a 14% decrease over last year. In Europe, Tesla's new-car sales fell by 27.9% in May from a year earlier. That was in sharp contrast with other electric vehicle makers, which have seen a jump in sales over the past year. The volatility at Tesla has been partially attributed to CEO Elon Musk's role in Donald Trump's administration as the de facto head of the so-called 'department of government efficiency' (Doge). At Doge, Musk led the charge to downsize the federal government, getting rid of various agencies and instituting layoffs in nearly all departments. This sparked mass countrywide protests against Tesla and demands to boycott the company. By early June, as Musk was scheduled to leave his role as a special government employee, the relationship between the CEO and president had frayed, leading to a spectacular blowup between the two men. They hurled insults at each other over social media and, once again, Tesla's stock plunged. 'The Tesla brand is under attack and provides a prime example of negative brand equity rub – the perception of Elon Musk, its chief executive, has rubbed the sheen right out of what once was a darling and soaring automotive brand,' said Dipanjan Chatterjee, a principal analyst for Forrester. 'This poses a significant threat to Tesla's growth, as large parts of the prospect pool are poisoned by what they perceive as a toxic brand that is inseparable from its leader.' After the Musk and Trump feud, Musk said he was going to focus on running his companies and began hyping the rollout of Tesla's first driverless robotaxi in Austin, Texas. The launch featured about 10 cars designated to certain areas of the city and had 'safety drivers' in the front passenger seat. Although Musk touted the launch as a success, several people posted videos on social media showing the robotaxis driving down the wrong lane, speeding and unable to make left turns. Two days later, the National Highway Traffic Safety Administration (NHTSA) opened an investigation into the service and requested that Tesla supply the agency with information on the incidents. Sign up to TechScape A weekly dive in to how technology is shaping our lives after newsletter promotion During Tesla's earnings call on Wednesday, investors will be looking at Musk's dedication to the company and how he will regain some of the year's losses. The CEO has said he's not done with Washington, however, and is now starting a new US political party called the America party.
BBC News
38 minutes ago
- BBC News
Newscast Protests Put President Zelensky Under Pressure
Today, we look at protests across Ukraine after President Zelensky signed a new law which critics say weakens the independence of Ukraine's anti-corruption bodies. Demonstrations in cities across the country became the largest anti-government protests to take place in Ukraine since the Russian invasion in 2022. Adam is joined by Vitaly Shevchenko, Ukrainecast host, and Orysia Lutsevych, head of the Ukraine forum at Chatham House, to discuss Ukraine's history with government corruption and why the new law is so controversial. Plus, two city traders who were found guilty of rigging interest rates have had their convictions overturned. Andy Verity, BBC's financial investigations correspondent, tells Adam all about the case. You can listen back to the Old Newscasts about the 2008 financial crash here: Episode 1 - Episode 2 - You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast'. It works on most smart speakers. You can join our Newscast online community here: Get in touch with Newscast by emailing newscast@ or send us a whatsapp on +44 0330 123 9480. New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Chris Gray with Anna Harris and Kris Jalowiecki. The social producers were Sophie Millward. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
Telegraph
40 minutes ago
- Telegraph
Iraqi who argued he cannot be deported because he is divorced, wins appeal after legal error
An Iraqi who entered the UK illegally has won an appeal after arguing he cannot be deported because he is divorced. In claims disputed by the Home Office, he said he divorced a 'prominent' politician's daughter and brought 'dishonour' upon their family. The Iraqi said it would breach his human rights to send him back to Iraq because he was at risk of an 'honour feud'. The Iraqi, who was granted anonymity, has won an appeal at an upper immigration tribunal for his case to be reheard after it was initially rejected by the Home Office and lower court. The Iraqi entered Britain 'clandestinely' in 2020 after travelling through Turkey and across Europe before arriving by boat in the UK. He submitted his application for asylum the following day. The court was told that his 'claim for asylum is based upon a claimed risk of being a victim of an honour-based crime'. 'He alleges that he fled Iraq due to threats from his former father-in-law, a prominent and influential politician affiliated with the Patriotic Union of Kurdistan. 'According to the [Iraqi], he was accused of bringing dishonour upon [his ex-father-in-law's] family by divorcing his daughter,' the court was told. It was accepted that he was married and went through a divorce, but the Home Office 'did not accept that he had experienced problems from his ex-father-in-law'. The Home Office issued a deportation order but the Iraqi, who had a child with his ex-wife, appealed the decision. His challenge was dismissed by a lower tribunal as the judge questioned 'the credibility of the marriage itself'. The First-tier Tribunal said there was a 'disparity in social status' between his ex-wife – the daughter of a powerful politician – and him, a 'minimally educated taxi driver from a marginalised tribe'. A claim by the Iraqi that he had also been the victim of a 'violent' attack linked to the honour feud and stabbed 17 times was dismissed as implausible by the judge, partly because it was 'unsubstantiated' by any medical evidence. The judge said the asylum claim appeared a 'complete fabrication'. The Iraqi appealed to the upper tribunal where the judge Sara Anzani said the lower court was wrong to question the marriage and divorce certificates and said the Iraqi was not given a chance to respond to their doubts. Judge Anzani said: 'These concerns about the reliability and authenticity of the marriage and divorce certificates were not previously raised by the [Home Office], nor were they put to the [Iraqi] during the hearing. 'I find that the Judge's failure to raise his concerns about the authenticity and reliability of the marriage and divorce certificates, concerns not previously identified by the [Home Office], deprived the [Iraqi] of a fair opportunity to address the Judge's doubts. 'The Judge's findings on the marriage and divorce certificates contribute to his overall assessment of the [Iraqi's] credibility, and the ultimate finding that [his] claim was fabricated. 'Consequently, this procedural error is material and permeates the entirety of the Judge's decision'. Judge Anzani concluded that the case must be heard afresh at the First-tier Tribunal again, but not by the previous judge.
