On the latest episode of the program, host Ian King shared some major updates from the automotive and banking industries. According to King, electric car giant Tesla has announced its plans to launch new vehicle models in the first half of next year. This comes as the company, led by CEO Elon Musk, reports a decline in sales and net profits.
To gain further insights on the matter, King spoke with Daniel Ives, the Managing Director at Wedbush Securities. Ives provided his expert analysis on Tesla’s latest move and its potential impact on the market.
In other news, Lloyds Banking Group also reported a decrease in profits, causing concerns among investors. King delved into the details of the financial report and discussed potential reasons for the dip with Ives.
Switching gears to the aviation sector, King shared the latest development from Ryanair. The company’s chief executive, Michael O’Leary, revealed plans to boost traffic in the near future. King provided more information on the specifics of the plan and discussed its potential impact on the airline industry.
Stay tuned for more updates and expert insights on the latest news in the business world, only on this program.
