Fri 26 Jul 2024

 

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Self-driving cars could be further away as Tesla profits slump and GM halts work

Shares fall as doubts mount after Elon Musk delays 'robotaxi' launch despite his claims that 'autonomous' driving will transform EV carmaker  

Article thumbnail: (FILES) Tesla co-founder and CEO Elon Musk introduces the newly unveiled all-electric battery-powered Tesla Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019. The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues. Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
Article thumbnail: (FILES) Tesla co-founder and CEO Elon Musk introduces the newly unveiled all-electric battery-powered Tesla Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019. The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues. Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
Royal Family

King gets £45m bonus as Crown Estate profits more than double to £1.1bn

Business

Banks closing branches must better protect customers' access to cash - watchdog

Article thumbnail: FILE PHOTO: A Ryanair aircraft lands at Ciampino Airport in Rome, Italy December 24, 2016. REUTERS/Tony Gentile/File Photo
Article thumbnail: FILE PHOTO: A Ryanair aircraft lands at Ciampino Airport in Rome, Italy December 24, 2016. REUTERS/Tony Gentile/File Photo
News

BT fined £17.5m for 'catastrophic failure' of 999 emergency call system

Business

More than 2,300 firms go bust as high interest rates and inflation take a toll

Business

Cold weather and election sees shoppers curb spending 

Money

Bank of England payment issue delaying house purchases

30 Second Briefing

Article thumbnail: Pernilla Nyrensten, CEO and Co-Founder of RevolutionRace Image Ben Bunyard
Article thumbnail: Pernilla Nyrensten, CEO and Co-Founder of RevolutionRace Image Ben Bunyard
Article thumbnail: Amy Golding, founder and CEO of _nology (Photo: PR Superstar)
Article thumbnail: Amy Golding, founder and CEO of _nology (Photo: PR Superstar)
Article thumbnail: Sokin was born in March 2019 from the need to build better financial services for economic migrants with families to support across the world
Article thumbnail: Sokin was born in March 2019 from the need to build better financial services for economic migrants with families to support across the world
Article thumbnail: Jesse Tran and Son Chu - Rens Co-Founders. Jesse Tran, Co-Founder and CEO with Co-founder Son Chu; of Rens Original, the Finnish sustainable startup behind the world?s first sneakers made from coffee waste and recycled plastic. Image provided via Alys Key
Article thumbnail: Jesse Tran and Son Chu - Rens Co-Founders. Jesse Tran, Co-Founder and CEO with Co-founder Son Chu; of Rens Original, the Finnish sustainable startup behind the world?s first sneakers made from coffee waste and recycled plastic. Image provided via Alys Key

Money

Article thumbnail: Undated file handout photo issued by Revolut of a Revolut card on a table. Revolut has secured a UK banking licence, three years after making an application to regulators, the fintech firm has announced. A licence means the company will be able to operate as a bank and offer lending products like credit cards, personal loans, or mortgages. Issue date: Thursday July 25, 2024. PA Photo. See PA story CITY Revolut. Photo credit should read: Revolut/PA Wire NOTE TO EDITORS: This handout photo may only be used for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.
Article thumbnail: Undated file handout photo issued by Revolut of a Revolut card on a table. Revolut has secured a UK banking licence, three years after making an application to regulators, the fintech firm has announced. A licence means the company will be able to operate as a bank and offer lending products like credit cards, personal loans, or mortgages. Issue date: Thursday July 25, 2024. PA Photo. See PA story CITY Revolut. Photo credit should read: Revolut/PA Wire NOTE TO EDITORS: This handout photo may only be used for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.
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Article thumbnail: Worried African American couple paying their finances over a computer at home. Focus is on man.
Article thumbnail: Worried African American couple paying their finances over a computer at home. Focus is on man.
Article thumbnail: Department for Work and Pensions on 24th July 2022 in London, United Kingdom. The Department for Work and Pensions, DWP, is responsible for welfare, pensions and child maintenance policy. As the UKs biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits. (photo by Mike Kemp/In Pictures via Getty Images)
Article thumbnail: Department for Work and Pensions on 24th July 2022 in London, United Kingdom. The Department for Work and Pensions, DWP, is responsible for welfare, pensions and child maintenance policy. As the UKs biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits. (photo by Mike Kemp/In Pictures via Getty Images)