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EV price war hits global market

Tesla has cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant faces falling sales.

Tesla has cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant run by multi-billionaire Elon Musk faces falling sales.

The move comes after it reported a sharp fall in its global vehicle deliveries in the first three months of this year.

Also, Vishala Sri-Pathma finds out of why government military spending increased in all five geographical regions and why Northern Ireland and its economy are betting big on film, TV and gaming.

(Picture: Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, U.S., May 23, 2023. Picture credit: Reuters)

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27 minutes

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Mon 22 Apr 2024 14:32GMT

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  • Mon 22 Apr 2024 14:32GMT