News | Business
7 Jan 2026 18:02
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Tesla's first-quarter profits have fallen by more than two-thirds amid a backlash against Elon Musk's electric car company that has hurt sales and sent its stock plunging

    Tesla's first-quarter profits have fallen by more than two-thirds amid a backlash against Elon Musk's electric car company that has hurt sales and sent its stock plunging


    Tesla says quarterly profits fell by 70 per cent to to $US409 million, or 12 cents a share, as Q1 revenue fell nine per cent to $US19.3 billion.

    The company's struggles to sell cars to consumers angry over Musk's leadership of a federal government jobs-cutting group that has divided the country and sparked protests.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     07 Jan: Dairy prices have risen for the first time in months
     07 Jan: Hunters and fishermen are welcoming more attention on public access to the great outdoors
     07 Jan: Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games - would have a wide reaching impact
     06 Jan: Don't expect house prices to skyrocket this year, like they have in years prior
     06 Jan: New Zealand home values have continued to fall in the past year - but two major centres have bucked the trend
     05 Jan: The Deputy Privacy Commissioner is urging people whose data may have been compromised in major breaches - to take immediate precautions
     05 Jan: Hopes the ASB Tennis Classic will be the first of many strong events on the Auckland calendar
     Top Stories

    RUGBY RUGBY
    It's au revoir for AJ Lam after the upcoming Super Rugby season More...

    BUSINESS BUSINESS
    Dairy prices have risen for the first time in months More...


     Today's News

    		 Environment:
    Parts of the Gisborne and Wairoa areas are in for a battering. 17:57

     Environment:
    Heatwave conditions likely to bring increase of flies and maggots 17:57

     Entertainment:
    Scott Wolf called 2025 "the hardest year of my life", after dropping a restraining order against his wife Kelley 17:53

     Tennis:
    Third seed Iva Jovic and Brit Francesca Jones are through to the ASB Classic quarter-finals after the day session on day three 17:47

     Entertainment:
    Queen Camilla has spoken for the first time about how she fought off a sex attacker when she was a teenager 17:23

     Environment:
    A strong earthquake has hit the Phillippines 16:57

     Entertainment:
    Ella Purnell loves stunt work 16:53

     International:
    Why does Trump want Greenland and why is it so important? 16:37

     Entertainment:
    Katy Perry is "very particular" about fragrance 16:23

     Soccer:
    The Wellington Phoenix's new import hopes she can cause opposition goalkeepers plenty of headaches in the women's A-League 16:17

     News Search




    Power Search

    © 2026 New Zealand City Ltd