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Tesla reports 12% revenue drop in first quarter as Musk’s politics repel buyers; shares fall 3%

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Tesla continues to feel the impact of Elon Musk’s foray into politics a year ago, with the company reporting another steep decline in both sales and profits this quarter. On Wednesday, the electric carmaker revealed that revenue fell by 12% and profits dropped 16% in the April-June period, as consumer boycotts and waning demand persist. … Read more

One97 Communications shares drop nearly 3 pc post Q1 earnings announcement

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New Delhi, Jul 23 (PTI) Shares of fintech firm One97 Communications, which owns the Paytm brand, declined nearly 3 per cent on Wednesday morning trade largely due to profit-taking in the counter. The stock dropped 2.62 per cent to ₹1,025 on the BSE. At the NSE, it went lower by 2.46 per cent to ₹1,025.10. … Read more