Latest news with #USD42
9 News
24-07-2025
- Automotive
- 9 News
Tesla earnings nose-dive 23 per cent
Your web browser is no longer supported. To improve your experience update it here Tesla has recorded a 23 per cent drop in adjusted net income and a 12 per cent decrease in overall revenue, with a double-digit drop in adjusted earnings for the second quarter, both worse than what Wall Street expected. The stricter reading for net income fell 16 per cent to $USD1.2 billion ($1.8 billion). Their core auto revenue also dropped 16 per cent. Tesla facility vandalised and cars set ablaze amid anti-Musk sentiment (Nine) Since 2019, regulatory credit sales alone have brought the company $10.9 million in profits, in some instances the company would have lost money annualy without them. "These regulatory credit sales are the reason that Tesla exists today," said analyst Gordon Johnson Reports found revenue per vehicle dropped to $USD42,231 ($63,978) as the company made $USD500 ($757) less on each car sold. The drop in sales has been largely attributed to Tesla CEO Elon Musk's political activities as well as increased competition in the electric vehicle market, particularly from China. Tesla trade-ins at record levels in the US – report (Nine) Tesla sales continue to drop in markets where EV sales are rising overall. The company is set to lose its title of the world's largest EV builder to BYD, a Chinese manufacturer that doesn't sell cars in the United States. Musk did not comment on the company's sales and revenue dive during his opening remarks on the company's call with investors Wednesday, following the earnings report. TESLA elon musk World automotive USA Economy Stocks CONTACT US
Sinar Daily
30-04-2025
- Business
- Sinar Daily
O'Reilly takes another swipe at Malaysia, this time with income comparison
His recent remarks made on TikTok stated that Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). According to O'Reilly's recent remarks made on TikTok, Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). SHAH ALAM - American conservative commentator, Bill O'Reilly, has once again targeted Malaysia by comparing the household income per capita between the country and the United States (US), suggesting that Malaysia is eight times poorer than the United States. O'Reilly's recent remarks made on TikTok stated that Malaysia's household income per capita stands at USD5,731 (RM25,061) per year, while the US records USD42,220 (RM184,628). "That figure makes it an eightfold difference. "Malaysia is angry with me, this is a ridiculous story," he said. Previously, Prime Minister Datuk Seri Anwar Ibrahim had slammed O'Reilly's remarks in which he claimed that Southeast Asia has 'no money,' describing the statement as arrogant and ignorant. Anwar, who also serves as the Finance Minister, said the statement not only demonstrated O'Reilly's ignorance of Southeast Asia's current reality but also reflected a narrow mindset shaped by racism and colonial ideology. O'Reilly, however, admitted to his worldview, stating that he identifies as a coloniser. More Like This
