Tesla loses trillion-dollar status: Stock sinks as European sales drop and Elon Musk's controversies mountTesla's stock fell over 8% due to poor sales in Europe and concerns over Elon Musk's political involvement.
Tesla market value tumbles below $1T as Europe sales plummet, concerns grow about MuskTesla's stock fell 8%, indicating a drop in market value under $1 trillion due to a significant sales decline in Europe.
Tesla Stock Falls 8% as Concerns About Elon Musk's Political Role GrowTesla's stock decline signals investor concerns over Elon Musk's political engagements and their impact on sales and market share.
Tesla's latest decline could be one for the history books, JPMorgan analysts sayTesla's market cap has decreased nearly 49% in months due to sagging sales and leadership concerns over Elon Musk.
Tesla feels the wrath of anti-Elon Musk backlashElon Musk's political actions are negatively impacting Tesla's sales and brand loyalty among customers.
Is Elon Musk's politics threatening Tesla and his empire? DW 03/13/2025Elon Musk's political actions have adversely affected Tesla's sales and consumer sentiment, leading to notable declines in various key markets.
Tesla loses trillion-dollar status: Stock sinks as European sales drop and Elon Musk's controversies mountTesla's stock fell over 8% due to poor sales in Europe and concerns over Elon Musk's political involvement.
Tesla market value tumbles below $1T as Europe sales plummet, concerns grow about MuskTesla's stock fell 8%, indicating a drop in market value under $1 trillion due to a significant sales decline in Europe.
Tesla Stock Falls 8% as Concerns About Elon Musk's Political Role GrowTesla's stock decline signals investor concerns over Elon Musk's political engagements and their impact on sales and market share.
Tesla's latest decline could be one for the history books, JPMorgan analysts sayTesla's market cap has decreased nearly 49% in months due to sagging sales and leadership concerns over Elon Musk.
Tesla feels the wrath of anti-Elon Musk backlashElon Musk's political actions are negatively impacting Tesla's sales and brand loyalty among customers.
Is Elon Musk's politics threatening Tesla and his empire? DW 03/13/2025Elon Musk's political actions have adversely affected Tesla's sales and consumer sentiment, leading to notable declines in various key markets.
Retail sales fall sharply in March as weak confidence hits consumer spendingUK retail sales have sharply declined for six consecutive months, driven by fragile consumer confidence.
Pets At Home warns the Chancellor's Budget tax policies will affect the business - London Business News | Londonlovesbusiness.comPets At Home is facing declining sales driven by low consumer confidence and increased employment costs.
'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.comWeaker consumer confidence has led Frasers to lower its profit forecast for the year.Frasers reported a 10.5% decline in underlying profits due to reduced sales.
Retail sales slump in March as the Autumn Budget weighs on consumer confidence - London Business News | Londonlovesbusiness.comRetail sales continue to decline, marking the sixth consecutive month of downturn, with expectations of slower declines in the near future.
Retail sales fall sharply in March as weak confidence hits consumer spendingUK retail sales have sharply declined for six consecutive months, driven by fragile consumer confidence.
Pets At Home warns the Chancellor's Budget tax policies will affect the business - London Business News | Londonlovesbusiness.comPets At Home is facing declining sales driven by low consumer confidence and increased employment costs.
'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.comWeaker consumer confidence has led Frasers to lower its profit forecast for the year.Frasers reported a 10.5% decline in underlying profits due to reduced sales.
Retail sales slump in March as the Autumn Budget weighs on consumer confidence - London Business News | Londonlovesbusiness.comRetail sales continue to decline, marking the sixth consecutive month of downturn, with expectations of slower declines in the near future.
ZF sales and EBIT dropped in 2024 as realignment continues. Commercial Vehicles remain "core area" - Sustainable BusZF reported €41.4 billion in sales for 2024, reflecting an 11% decline primarily due to the removal of the axle assembly product line.
2025 Beer Report: Hard cider leans into flavor to lift categoryThe hard cider market is declining, facing challenges with sales and distribution, despite the push for variety to appeal to consumers.
Demand for VR headsets remains lowSales of virtual reality headsets dropped 12% in 2024, marking three consecutive years of decline.Meta leads the market with a 77% share, while Apple sees growing interest in business applications.
It's not getting any easier for fast-food chainsFast-food sales are down due to price increases and competition from home cooking and independent restaurants.
2025 Beer Report: Hard cider leans into flavor to lift categoryThe hard cider market is declining, facing challenges with sales and distribution, despite the push for variety to appeal to consumers.
Demand for VR headsets remains lowSales of virtual reality headsets dropped 12% in 2024, marking three consecutive years of decline.Meta leads the market with a 77% share, while Apple sees growing interest in business applications.
It's not getting any easier for fast-food chainsFast-food sales are down due to price increases and competition from home cooking and independent restaurants.
Apple Watch sales slump 19% as users get bored of their devicesApple Watch sales saw a significant decline, primarily due to user dissatisfaction and lack of innovation.
The Rise And Decline Of The Craft Beer Trend - Tasting TableThe craft beer industry is experiencing a shift rather than decline, with maturing dynamics affecting sales and operations.
Apple Watch sales slump 19% as users get bored of their devicesApple Watch sales saw a significant decline, primarily due to user dissatisfaction and lack of innovation.
The Rise And Decline Of The Craft Beer Trend - Tasting TableThe craft beer industry is experiencing a shift rather than decline, with maturing dynamics affecting sales and operations.
'Not sustainable': 2 restaurants exit downtown San Francisco food hallFoot traffic at San Francisco's food hall, Saluhall, is insufficient, leading some vendors to leave due to unsustainable sales.
Macy's closed 64 stores last year as the retailer's gains from real estate sales more than doubledMacy's expects continued sales decline in fiscal 2025 due to store closures.'Bold New Chapter' strategy aims to prioritize investments in better-performing locations.
Poor sentiment among retailers lingers - London Business News | Londonlovesbusiness.comRetail sales continue to decline with expectations for worsening conditions and reduced investment in the upcoming months.
I shopped at Kohl's to see how stores are taking 'aggressive action' to boost plummeting salesKohl's faces significant sales declines and leadership change as it aims to recover through strategic initiatives with partners like Sephora.
Walgreens admits locking up shampoo and toothpaste hurts sales, but it's still doing itRetailers face a dilemma between preventing theft and maintaining customer convenience.
Macy's closed 64 stores last year as the retailer's gains from real estate sales more than doubledMacy's expects continued sales decline in fiscal 2025 due to store closures.'Bold New Chapter' strategy aims to prioritize investments in better-performing locations.
Poor sentiment among retailers lingers - London Business News | Londonlovesbusiness.comRetail sales continue to decline with expectations for worsening conditions and reduced investment in the upcoming months.
I shopped at Kohl's to see how stores are taking 'aggressive action' to boost plummeting salesKohl's faces significant sales declines and leadership change as it aims to recover through strategic initiatives with partners like Sephora.
Walgreens admits locking up shampoo and toothpaste hurts sales, but it's still doing itRetailers face a dilemma between preventing theft and maintaining customer convenience.
Target earnings call ignores DEI backlash, boycottTarget's earnings call revealed a significant sales decline while executives downplayed backlash against their DEI program rollback, attributing issues to external factors.
Leaderless Gucci harks back to glamorous 60s and sexy 90s in MilanGucci struggles with recent collections and a leadership void, culminating in a 24% sales drop despite a nostalgic new collection.
Starbucks to Lay Off 1,100 Corporate WorkersStarbucks is laying off 1,100 corporate employees to improve efficiency and address declining sales amid changing customer preferences.
Starbucks Is Struggling. Is a Comeback Possible?Starbucks is struggling with declining sales and has failed to innovate its drink menu, contributing to a 10% drop in foot traffic.
Starbucks Failure ContinuesStarbucks faces a 4% decline in comparable store sales and must redefine its brand appeal to regain consumer interest.
Starbucks To Fire PeopleStarbucks CEO Brian Niccol plans to restructure management to address operational inefficiencies and slow sales, as challenges persist in US and China markets.
Starbucks changes: Mugs, macchiato and a new vibe test new CEO's big planStarbucks is reintroducing dine-in features, including using ceramic mugs, to enhance the customer experience and address declining sales.CEO Brian Niccol's strategy focuses on restoring Starbucks as a central social space for customers.
See you latte: Starbucks plans to cut 30% of its menuStarbucks will reduce its food and drink menu by 30% by late 2025 to improve customer experience and increase sales.
Starbucks to Lay Off 1,100 Corporate WorkersStarbucks is laying off 1,100 corporate employees to improve efficiency and address declining sales amid changing customer preferences.
Starbucks Is Struggling. Is a Comeback Possible?Starbucks is struggling with declining sales and has failed to innovate its drink menu, contributing to a 10% drop in foot traffic.
Starbucks Failure ContinuesStarbucks faces a 4% decline in comparable store sales and must redefine its brand appeal to regain consumer interest.
Starbucks To Fire PeopleStarbucks CEO Brian Niccol plans to restructure management to address operational inefficiencies and slow sales, as challenges persist in US and China markets.
Starbucks changes: Mugs, macchiato and a new vibe test new CEO's big planStarbucks is reintroducing dine-in features, including using ceramic mugs, to enhance the customer experience and address declining sales.CEO Brian Niccol's strategy focuses on restoring Starbucks as a central social space for customers.
See you latte: Starbucks plans to cut 30% of its menuStarbucks will reduce its food and drink menu by 30% by late 2025 to improve customer experience and increase sales.
Capri's CEO says Versace's revenue sank because it made 2 mistakesCapri Holdings reported a 15% decline in Versace's sales due to strategic missteps involving the quiet luxury trend.
Nintendo Switch 2 "cannot come soon enough", analyst says for sales-related reasons, rather than just being desperate to play things on it like the rest of usNintendo's Switch sales are decreasing significantly, prompting a strong demand for the Switch 2's release.
What's behind Nintendo's 42% drop in profits?Nintendo's profits fell due to a slowdown in Switch console sales, prompting revised forecasts and a focus on its upcoming Switch 2.
Nintendo Switch 2 "cannot come soon enough", analyst says for sales-related reasons, rather than just being desperate to play things on it like the rest of usNintendo's Switch sales are decreasing significantly, prompting a strong demand for the Switch 2's release.
What's behind Nintendo's 42% drop in profits?Nintendo's profits fell due to a slowdown in Switch console sales, prompting revised forecasts and a focus on its upcoming Switch 2.
Apple beats expectations, but drops in ChinaApple's sales in China are declining, indicating potential market saturation and increased competition from local brands.Tim Cook noted active devices are at an all-time high, despite sales challenges.
Swatch - the parent of Longines, Omega, and Tissot - is seeing sales slump, and it's because of ChinaSwatch's profits and sales significantly declined in 2024 due to weak demand, especially in China.
Apple beats expectations, but drops in ChinaApple's sales in China are declining, indicating potential market saturation and increased competition from local brands.Tim Cook noted active devices are at an all-time high, despite sales challenges.
Swatch - the parent of Longines, Omega, and Tissot - is seeing sales slump, and it's because of ChinaSwatch's profits and sales significantly declined in 2024 due to weak demand, especially in China.
Hyundai Motor India Faces Declining Sales and Profit DropHyundai Motor faces significant profit drop and declining sales in India's competitive auto market.
The Booze Industry Took a Big Hit in 2024The spirits industry is facing significant challenges and declining sales, with various factors contributing to a pessimistic outlook for the future.
Stellantis CFO: 'Performance is below our potential' in North America as sales collapse 42%Stellantis faced a 27% drop in sales driven by North American market challenges and delays in new car launches, compromising their previous growth trajectory.
Hyundai Motor India Faces Declining Sales and Profit DropHyundai Motor faces significant profit drop and declining sales in India's competitive auto market.
The Booze Industry Took a Big Hit in 2024The spirits industry is facing significant challenges and declining sales, with various factors contributing to a pessimistic outlook for the future.
Stellantis CFO: 'Performance is below our potential' in North America as sales collapse 42%Stellantis faced a 27% drop in sales driven by North American market challenges and delays in new car launches, compromising their previous growth trajectory.
Caribbean Vendors Say Revamped Flatbush Location Lacks The BuzzVendors at the Flatbush Central Caribbean Marketplace are experiencing significant sales declines due to reduced visibility and foot traffic.
Luxury European automakers are getting crushed in ChinaEuropean luxury carmakers are losing ground in China's market due to rising competition from affordable, tech-driven Chinese manufacturers.
Mercedes U.S. EV Sales Plummeted In 2024 While PHEVs SurgedMercedes EV sales plummeted in 2024, particularly for the EQS, amid rising competition and shifting buyer preferences towards hybrids.
Low EV Sales Spur Ford's Cologne Plant to Cut HoursFord is reducing work hours at its Cologne EV plant due to lower than expected demand for electric vehicles in Germany.
Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right nowAutomakers face significant challenges, including declining EV sales and competition from Chinese manufacturers, leading to strategic shifts and executive changes.
Jaguar exec promises his team have not been 'sniffing the white stuff' after rebrand is mockedJaguar's new campaign is a bold attempt to revive the brand but lacks focus on actual vehicles, resulting in mixed public reactions.
Luxury European automakers are getting crushed in ChinaEuropean luxury carmakers are losing ground in China's market due to rising competition from affordable, tech-driven Chinese manufacturers.
Mercedes U.S. EV Sales Plummeted In 2024 While PHEVs SurgedMercedes EV sales plummeted in 2024, particularly for the EQS, amid rising competition and shifting buyer preferences towards hybrids.
Low EV Sales Spur Ford's Cologne Plant to Cut HoursFord is reducing work hours at its Cologne EV plant due to lower than expected demand for electric vehicles in Germany.
Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right nowAutomakers face significant challenges, including declining EV sales and competition from Chinese manufacturers, leading to strategic shifts and executive changes.
Jaguar exec promises his team have not been 'sniffing the white stuff' after rebrand is mockedJaguar's new campaign is a bold attempt to revive the brand but lacks focus on actual vehicles, resulting in mixed public reactions.
Stellantis CEO Carlos Tavares Quits Amid Strategy DisputeCarlos Tavares resigned as CEO of Stellantis amid declining sales, and an Interim Executive Committee has been formed to lead until a new CEO is appointed.
Nissan is having a terrible time, and Trump might be about to make it a whole lot worseNissan's turnaround plans are threatened by sales declines and proposed tariffs from Trump on Mexican imports.
5 problems the next CEO of Jeep's owner will have to fixStellantis' turmoil deepens after CEO Carlos Tavares resigns, leaving a leadership vacuum amidst declining sales and tough competition.
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales | CBC NewsStellantis CEO Carlos Tavares steps down amidst declining sales, with the company struggling to launch new products and facing heightened competition.
Toyota's Hydrogen Car Dream Is Falling ApartToyota faces a significant decline in hydrogen fuel cell vehicle sales, marking a 54% drop from last year.
Stellantis CEO Carlos Tavares Quits Amid Strategy DisputeCarlos Tavares resigned as CEO of Stellantis amid declining sales, and an Interim Executive Committee has been formed to lead until a new CEO is appointed.
Nissan is having a terrible time, and Trump might be about to make it a whole lot worseNissan's turnaround plans are threatened by sales declines and proposed tariffs from Trump on Mexican imports.
5 problems the next CEO of Jeep's owner will have to fixStellantis' turmoil deepens after CEO Carlos Tavares resigns, leaving a leadership vacuum amidst declining sales and tough competition.
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales | CBC NewsStellantis CEO Carlos Tavares steps down amidst declining sales, with the company struggling to launch new products and facing heightened competition.
Toyota's Hydrogen Car Dream Is Falling ApartToyota faces a significant decline in hydrogen fuel cell vehicle sales, marking a 54% drop from last year.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.'s Pay in HalfNissan is cutting 9,000 jobs and slashing production capacity by 20% amid significant sales declines and a 90% drop in operating profit.
Mulberry cuts a quarter of HQ staff after sales slump and bigger lossesMulberry is cutting 25% of its head office staff due to significant revenue losses.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.'s Pay in HalfNissan is cutting 9,000 jobs and slashing production capacity by 20% amid significant sales declines and a 90% drop in operating profit.
Mulberry cuts a quarter of HQ staff after sales slump and bigger lossesMulberry is cutting 25% of its head office staff due to significant revenue losses.