meta_pixel
Tapesearch Logo
Log in
The World in Brief from The Economist

Tesla’s profits drop; Trump’s trial resumes, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 24 April 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

In first-quarter earnings, Tesla reported a 56% drop in profits: net income declined to $1.1bn from $2.5bn a year ago.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

The Economist.

0:04.3

Hello, you're listening to the free edition of the world in brief from The

0:09.9

Economist. As a reminder, if you subscribe to the economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.0

If you're already an economist subscriber, visit Economist.com slash Espresso,

0:25.5

or visit our Espresso app to start listening.

0:28.6

Here's today's free edition. This is the world in brief from The Economist.

0:37.0

Our top stories. In first-quarter earnings, Tesla reported a 56% drop in profits.

0:53.0

Net income declined to $1.1 billion from $2.5 billion a year ago.

0:59.7

The electric vehicle firm reported $21.3 million in quarterly revenue, missing expectations.

1:08.0

In January, Tesla warned that growth would be notably lower this year, as motorist's enthusiasm for battery power wanes.

1:16.3

The firm cited additional challenges in its report, including a fire at its factory in Berlin and supply chain disruptions owing to the conflict in the Red Sea.

1:28.5

The judge overseeing Donald Trump's hush money trial, heard arguments that the former president violated his gag order.

1:36.3

Quote, it has to stop, the prosecution said, referring to Mr Trump's derogatory comments about potential witnesses.

1:45.0

The former president's lawyers tried to frame his comments as political speech.

1:50.0

If the judge sides with the prosecution, the consequences for Mr Trump could be a reprimand or a fine.

1:58.0

America is preparing a $1 billion aid package for Ukraine, according to Reuters.

2:05.0

It includes artillery ammunition, anti-tank munitions and other weaponry that could be deployed

2:11.6

immediately and would be drawn from the 61 billion dollar pot

2:15.4

that is poised to become law. On Tuesday afternoon local time the Senate

2:20.2

advanced four bills that the House passed on Saturday.

2:24.0

A final vote is expected in the coming day.

2:27.0

America's Trustbuster voted to virtually ban non-compete clauses, agreements that prevent workers from joining rival

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.