The dip occurred amid lower production during factory upgrades.

The company suffered from boycotts against the policies of Elon Musk.

The threat of a trade war has caused increasing political ructions, with Canada's looming general election on April 28 set to be dominated by how to deal with Trump, who has also called for the United States to annex Canada.

But its Q1 figures exceed a forecast by Edmunds

The message was sent to the UN Security Council in a letter by Iran's UN ambassador Amir Saeid Iravani which condemned what he called "warmongering provocations".

Trump kept rivals and allies alike guessing about who would be targeted and by how much, but promised to be "very kind" when addressing what he has dubbed "Liberation Day" on Wednesday. Global stocks remained volatile ahead of the so-called "reciprocal tariffs," which Trump says are necessary to combat unfair...

Trump's language represented a sharpening of his comment a few days earlier that if Tehran refused to negotiate a new nuclear agreement, "bad, bad things are going to happen to Iran."

"If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia's fault... I am going to put secondary tariffs on all oil coming out of Russia," Trump said.

Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while Ford limited losses to under one percent. In Tokyo, Toyota -- the world's top-selling carmaker -- fell two percent, Honda shed 2.5 percent, Nissan was off 1.7 percent and Mazda...

Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President Donald Trump's growing tariff target list and the retaliatory measures by trade partners. Here is a rundown of what has been implemented, threatened and coming next in an escalating trade...

With President Donald Trump pushing for a rapid end to the war that has killed tens of thousands of people, US negotiators shuttled separately over three days in the Saudi capital Riyadh between delegations from Ukraine and Russia.

The breach became public on Monday after The Atlantic magazine's editor-in-chief Jeffrey Goldberg published an article recounting how he was inadvertently invited into the group chat.

Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow to the global economy. Wednesday of next week is now the focus of attention, with Trump labelling it "Liberation Day" as he prepares to unveil a raft of supposedly "reciprocal"...

US President Donald Trump is pushing for a rapid end to the three-year war and hopes talks in Riyadh could pave the way for a breakthrough, with both sides have proposed different plans for temporary ceasefires.

TikTok faces a deadline to divest from its Chinese owner or be banned in the US.

US President Donald Trump announced Friday that Boeing has been awarded a major contract for the Air Force's high-tech next-generation F-47 fighter plane.

French President Emmanuel Macron on Thursday said the leaders of a coalition of Ukraine backers would meet again in Paris next week, as it seeks to finalise plans to secure a potential truce in the war with Russia

The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices.

Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving bilateral ties to Iran and even hockey matches, but stopping well short of agreeing any peace path to end the war in Ukraine, analysts say. During the call on Tuesday,...

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets -- but fell far short of securing a full ceasefire in a highly anticipated phone call.

President Donald Trump's dismantling of US-funded international media outlets such as Voice of America could put their journalists at risk, including nine currently jailed worldwide, Reporters Without Borders warned Monday.

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira as he summed up the world's economic situation in the coming months, with inflation set to rise. US President Donald Trump's return to the White House is in part responsible for the coming turbulence, the OECD said...

US President Donald Trump and Russian counterpart Vladimir Putin are expected to speak this week, officials said on Sunday, as Washington and Kyiv's European allies press Moscow to accept a ceasefire in the three-year war.

Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports, roiling financial markets and fanning fears that his plans could tip the world's biggest economy into a recession.

Russia has mounted a rapid counteroffensive in the western border region of Kursk over the past week, recapturing much of the territory Ukraine seized in a shock incursion last August.

Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boost the safe-haven asset, while stock markets bounced on hopes US lawmakers will avert a government shutdown.

Iran will conduct a "thorough assessment" before responding to US President Donald Trump's letter urging nuclear talks and warning of possible military action if Tehran refuses, the foreign ministry said Thursday. "The letter was received last night and is currently being reviewed," ministry spokesman Esmaeil Baqaei told the official IRNA...

The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a step up from fresh duties Trump already imposed on Canada, Mexico and China since returning to the White House. The European Commission swiftly unveiled retaliation starting in April, while Canada...

The talks on Tuesday will be the first Ukraine-US meeting since a White House blow-up between Zelensky and US President Donald Trump that led to Washington halting military aid to Kyiv. "We do have a proposal for a ceasefire in the sky and ceasefire at sea," the official told AFP.

Trump's plan has already united Arab countries in opposition, with Saudi Arabia also hosting Arab leaders two weeks ago to discuss alternatives.

Riyadh, Saudi Arabia -- Saudi Arabia on Friday welcomed a meeting between the United States and Ukraine due next week in Jeddah, describing it as part of the kingdom's efforts "to end the Ukrainian crisis". Ukrainian President Volodymyr Zelensky had announced he would travel to Saudi Arabia on Monday to...

"Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you murdered, or it is OVER for you," he wrote on his Truth Social platform after meeting freed hostages. "This is your last warning! For the leadership, now is the time...

The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any future role for the body, and Trump having closed the Palestine Liberation Organization (PLO) liaison office in Washington during his first term while stepping up support for Israel.

A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of $53 billion -- about the same amount the United Nations estimated Gaza's reconstruction would cost.

Washington, United States -- Mounting trade wars between the United States and its largest economic partners deepened Tuesday as huge US tariffs on Canada, Mexico and China kicked in, sparking swift retaliation from Beijing and Ottawa. Markets fell in Asia and Europe in response to what analysts said were the...

President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv to agree to peace negotiations with Russia. The move comes just days after a stunning public clash at the White House between Ukrainian President Volodymyr Zelensky and Trump, who is...

German Foreign Minister Annalena Baerbock said the "unspeakable" row "underlined that a new age of infamy has begun". Friedrich Merz, likely to become the country's next chancellor, said: "We must never confuse the aggressor and the victim in this terrible war", while outgoing head of state Olaf Scholz also backed...

Washington, United States  - President Donald Trump closed out a packed week at the White House after hosting a string of eager-to-please guests, and generating the usual eye-popping menu of news items. 'Did I say that?' Last week, Trump branded elected Ukrainian leader Volodymyr Zelensky a "dictator" -- but things...

During a tense meeting at the White House, Trump and Zelensky argued over the war with Russia, with Trump accusing Zelensky of disrespecting the US and demanding preferential access to Ukraine’s resources.

Hong Kong, China -- Bitcoin sank below $80,000 on Friday for the first time in more than three months as a sell-off in the cryptocurrency sector gathered pace amid volatility in global markets. The digital unit fell to as low as $79,525.88 in early Asian trade -- its lowest level...

Washington, United States - The Washington Post will no longer run views opposed to "personal liberties and free markets" on its opinion pages, its owner Jeff Bezos announced on Wednesday, the latest intervention by the billionaire in the major US paper's editorial operations. "We are going to be writing every...

The video, which racked up more than 15 million views on Instagram and was shared thousands of times on Trump's Truth Social network by Wednesday morning, prompted some commenters to question whether the president's accounts had been hacked.

Gaza City, Palestinian Territories -- For 500 days since an unprecedented Hamas attack on Israel triggered the Gaza Strip's deadliest war, Mohammed Abu Mursa has grappled with "humiliation, suffering and bloodshed" in his fight for survival.Abu Mursa and his family have been displaced more than a dozen times since the war...

Addis Ababa, Ethiopia - President Donald Trump's decision to suspend US overseas funding could result in millions more deaths from AIDS, the head of the UN's programme for the illness warned Sunday.The United States is the world's largest provider of official development assistance, with most funds directed through the United States...

Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that the establishment of a Palestinian state is "the only guarantee" for lasting peace in the Middle East.During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the...

Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to move more than two million Palestinians out of the war-devastated territory, citing Egypt or Jordan as possible destinations.

London, United Kingdom -- Major stock markets mostly rallied and oil prices retreated Thursday on hopes for an end to the war in Ukraine and despite fresh tariff threats.London was a rare faller owing to sharp losses to share prices of big companies, including Unilever, Barclays and British American Tobacco, on...

Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break loose if the Palestinian militant failed to release "all" hostages by Saturday.

The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan if they refuse to cooperate with his plan to take over the Gaza Strip and displace its population to their countries.

The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both Jordan and Egypt if they refuse to take in Palestinians that he says should be moved out from their homeland. The meeting also comes as the Gaza ceasefire appears increasingly...