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Episode details

World Service,22 Apr 2024,26 mins

EV price war hits global market

World Business Report

Available for over a year

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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