live Oil climbs past $119 a barrel as Iran crisis squeezes global supply - Monday 9 March
Global oil prices continue to rise, currently surpassing $119 a barrel this Monday, an almost four year high following fresh U.S.-Israeli...
Tesla delivered 1.64 million vehicles in 2025, down 9%, as BYD becomes the top EV maker.
Tesla has lost its position as the world’s bestselling electric vehicle maker after delivering 1.64 million cars in 2025, a 9% decline from the previous year. Chinese rival BYD sold 2.26 million vehicles last year, taking the top spot.
The drop comes amid stiff overseas competition, a phase-out of the $7,500 U.S. tax credit for EV buyers, and controversy surrounding CEO Elon Musk’s political activities. Fourth-quarter sales totaled 418,227, below analysts’ expectations of 440,000, despite the introduction of cheaper Model Y and Model 3 versions in October.
The new Model Y starts under $40,000, and the Model 3 under $37,000, aiming to boost Tesla’s competitiveness in Europe and Asia. Tesla stock finished 2025 with an 11% gain, reflecting investor confidence in Musk’s ambitions for robotaxi services and humanoid robots for home and office tasks.
Analysts forecast a 3% drop in sales and a nearly 40% fall in earnings per share for the fourth-quarter results due in late January, though they expect a rebound later in 2026.
Musk also secured a $1 trillion pay package contingent on Tesla hitting ambitious targets over the next decade, following a favorable Delaware Supreme Court ruling on a prior $550 billion package.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Global oil prices continue to rise, currently surpassing $119 a barrel this Monday, an almost four year high following fresh U.S.-Israeli strikes targeting oil depots. Stock markets shares slumped on fears the conflict with Iran could disrupt shipments through the Strait of Hormuz.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Chinese electric vehicle giant BYD is pushing to make charging an electric car almost as quick and convenient as filling up a traditional petrol vehicle - a move that could help remove one of the biggest barriers to wider electric vehicle adoption.
South Korea will soon cease to be one of the few countries where Google Maps does not function fully, after its security-conscious government reversed a two-decade-old policy and approved the export of high-precision map data to overseas servers.
New research suggests 40,000-year-old carved objects from south-western Germany bear repeated marks arranged in organised sign sequences similar to early proto-cuneiform, although they are not regarded as a form of writing.
The chief executive of Google DeepMind, Demis Hassabis, has called for more urgent research into the risks posed by artificial intelligence, warning that stronger safeguards are needed as systems become more advanced.
NASA successfully completed a critical fueling rehearsal on Thursday (19 February) for its giant moon rocket, Artemis II, after earlier hydrogen leaks disrupted preparations for the next crewed lunar mission. The launch is scheduled for 6 March, according to the latest information from NASA.
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