Tesla’s quarterly profit decline explained

Tesla said its quarterly profit fell by more than a quarter, Sequoia Capital’s chief operating officer resigned over comments made by partner Shaun Maguire that she regarded as Islamophobic, and UK inflation unexpectedly held steady at 3.8 per cent in September. Plus, the Trump administration has been quietly suppressing climate change data. 

Mentioned in this podcast:

Tesla profits drop more than a quarter despite record sales

Sequoia COO quit over Shaun Maguire’s comments about Mamdani

UK inflation unexpectedly holds steady at 3.8% in September

The costs of Trump’s campaign to censor climate science

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Today’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Michela Tindera and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music. 

Read a transcript of this episode on FT.com

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