we look into the frontier, we look into the growing trend of it travel. —— arctic travel. hello and good to have you here on asia business report with me, steve live. our top story — tesla could be facing a bumpy road ahead, american car company due to report how many cars are produced and delivered globally during the first three months of this year, possibly as early as today. and wall torres straight islanders worried. for more on this, he was a bbc north america business correspondent michelle fleury in new york. one analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory

in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it's driven tesla's stock down roughly 30% since the start of this year. still one bright spot — it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. they could be none of bright spot and that might help tesla and other makers of electric vehicles. senior minister in the indian government in charge of a transportation asset the country will have no diesel or petrol vehicles in the future. but the minister didn't give any timeframe to fulfil this

ambitious target, the bbc explains how challenging it would be to achieve this target. would be to achieve this taruet. ~ , ., ~ target. the minister making these comments _ target. the minister making these comments while - target. the minister making - these comments while speaking to the press trust of india, a news agency, when he said that he wanted to get rid of the nearly 360 million actual and diesel cars from indian roads. but surprisingly, the minister didn't say by when the government was planning to do this and any kind of in vicious target like this has its challenges in a country like india. here is why. while sales of electra vehicles have gradually been going up — the industry itself is still at an asian stage. out of all cars running on indian roads, less than 5% are electric. and according to figures, they are still not enough charging stations, a very real concern for buyers. sample this, there is one charging station for every hundred and 25 electric cars in the country. they also remain more expensive to buy due to higher manufacturing cost and the industry remains

import dependent for its key competence. the government has tried to incentivise the industry by allocating additional funds and encouraging domestic additionalfunds and encouraging domestic companies to make and reduce import and proposal to reduce tax is there but that is still pending with the finance ministry. the government remains charged but it's still a long way off to the majority of the buyers plugging into this idea, the minister, he said that his vision was difficult but not impossible.— impossible. you may have en'o ed impossible. you may have enjoyed plenty _ impossible. you may have enjoyed plenty of - impossible. you may havel enjoyed plenty of chocolate over easter apartments urging cocoa prices could mean that you will be soon paying more for those sweet treats. over half of the world's cocoa is produced in west africa but bad weather and disease has resulted in shortages and a rally in the cost of cocoa beans. since the 1980s, futures contracts for coco prices stayed below 4000 eight ton but in march, double, chocolate makers avoided hiking prices

but can maintain this ahead of the seasonal spiking demand for halloween and christmas? how is what the expert had to say. i think it's actually been a bit of a perfect storm, i guess, in any commodity way, we have about 60% of concentration of production and any concentration there and all of a sudden, you get bad weather which we have seen, heavy rain, dry conditions, we've also had trees and all that affected the supply and the harvest and as a result of that, we've seen a snap in prices so, it's been a perfect storm and you can really get a sense of the prices will stay this level until we see more supply coming into the market.— into the market. consumers are fillin: the into the market. consumers are filling the price _ into the market. consumers are filling the price increases? - into the market. consumers are filling the price increases? i - filling the price increases? i don't think they are feeling it at the moment but i get a sense that the producers have hedged themselves quite well but that will not last. over time, you will not last. over time, you will see that we will see prices start to move up because

it's not a quake fix or no quick fix to the problem because you are going to continue to get these weather events are more importantly, your production line has sought circuited because you've got all trees in that produces old stock. it will take some time for this supply problem to rectify itself.— for this supply problem to recti itself. ., ., , ., rectify itself. how high do you think prices — rectify itself. how high do you think prices can _ rectify itself. how high do you think prices can go? - rectify itself. how high do you think prices can go? i - rectify itself. how high do you think prices can go? i think. think prices can go? i think it's going _ think prices can go? i think it's going to _ think prices can go? i think it's going to be _ think prices can go? i think it's going to be the - think prices can go? i think it's going to be the trick, i think prices can go? i think it's going to be the trick, itj it's going to be the trick, it can continue to trade here, if you look at them, they have predicted 74,000 ton deficit this year and while you look at such drastic numbers, the prices can continue to abt. 10,000,12,000, prices can continue to abt. 10,000, 12,000, even higher until we get some signs of relief that in the supply coming back to the market. you mention the _ coming back to the market. you mention the perfect storm was behind all of this and weather and climate change, that will play a part going forward so we will see the same thing happens other soft commodities? it’s other soft commodities? it's hi . hl other soft commodities? it's highly likely. _ other soft commodities? it�*s highly likely, the interesting thing here is with a climate change, you are seeing drastic

climate events, weather events and that's infecting a lot of the commodities, when you see concentration of commodities in certain countries, and the effects of the weather that will affect them, that will cause a concern in terms of supply so, yes, i think these types of spikes are going to become more regular than the truck. �* , ., ., truck. let's turn out to the arctic because _ truck. let's turn out to the arctic because the - truck. let's turn out to the arctic because the region | truck. let's turn out to the | arctic because the region is becoming one of the latest frontier is in tourism. finland's northernmost region of lapland has in a bumper visitor numbers with this winter, adrian murray headed to ra — mcrobert mia mia. —— robin eme. with long dark nights and subzero temperatures, this seems an unlikely holiday destination. yet, here at the arctic circle, it has been a bumper tourist seasons. as a gateway to the finish

lapland he welcomes a 500,000 people to this very spot. we wanted to do in arctic circle, northern tour for a very long time. there is an appeal of coming up here when it is snowing and cold. we did our research on social media, they sure are a lot of stories about here. we saw a lot of posts - from the village and it is very romantic and pretty. the pandemic hit the tourist interest at heart but since then they have not only had visitor numbers bounce back but searching. and the negative temperatures certainly not holding people back. that to rebound elsewhere in finland but here in lapland it is a different story, hitting new heights last year. once popular with chinese tourists, now most visitors come from europe. particularly the uk, france and germany. most of them had here to rovaniemi where a doubling of international flight routes have helped tourism take—off sending overnight stays up 30%. this is a record

year, for sure. we are going to have this full speed until the beginning of april so the whole winter season will be a record—breaking level. and social media has had huge pulling power. it has trenched the structure for tourism in my mind because people seek photogenic places and the instagram mobile moments and that gets people to travel. other travel agents at seen an upswing in tourism with a courtesy the norway has outpaced the economy and tours have soared. meanwhile in sweden where tourism has yet to recover its arctic region has grown most strongly. she began of running tours two years ago. she began of running tours two years ago-— years ago. encouraging for us to see the — years ago. encouraging for us to see the northern _ years ago. encouraging for us to see the northern lights . years ago. encouraging for us to see the northern lights in | to see the northern lights in rangers and other things.

everybody had been in the beaches and things like that so now, they want to see the article i. now, they want to see the article i-— now, they want to see the articlel. ., ., ., , article i. accommodation can be exoensive. _ article i. accommodation can be expensive, but _ article i. accommodation can be expensive, but consumers - article i. accommodation can be| expensive, but consumers seem to be willing to fork out more for alternative gateways. this hotel employ staff members to watch out for the aura. i hotel employ staff members to watch out for the aura.- watch out for the aura. i think this is trending, _ watch out for the aura. i think this is trending, people - watch out for the aura. i think this is trending, people seekl this is trending, people seek something really unique and different. ., , ., different. two-thirds of visitors _ different. two-thirds of visitors come _ different. two-thirds of visitors come here - different. two-thirds of visitors come here in i visitors come here in wintertime to the challenge is to spread business across the year. to spread business across the ear. ,, , , . ., , to spread business across the ear. ,, , , . , year. september, october is something — year. september, october is something we _ year. september, october is something we wish - year. september, october is something we wish to - year. september, october is. something we wish to welcome more visitors. something we wish to welcome more visitors— more visitors. tours have ballooned _ more visitors. tours have ballooned and _ more visitors. tours have ballooned and in - more visitors. tours have ballooned and in this - more visitors. tours have | ballooned and in this local area, more than 100 companies or the northern lights torres but, you will need some like to see them. shares of donald trump social media company plunged a 21% on monday, the drop wiped out the gains from its debut last week. it comes after the company disclosed it recorded $58 million in losses last year and admitted it would struggle to meet its financial liabilities going forward. and

google has agreed to delete billions of records and submit to some restrictions on its power to track users as part of a legal settlement. the deal aims to resolve a class action lawsuit brought in the us in 2020 which accuse detect giant of invading people's privacy by collecting user data even when they were browsing in mode. they had sought $5 billion in damages, google is supporting the deal. though it disputes the deal. though it disputes the claim. and that's it for this edition of asia business report, i'll be back in the next hour with more business news for you. bye for now.

hello and welcome to sportsday — i'mjane dougall. can anyone catch them now? inter milan lead serie a by 14 points after another convincing win. collar up means business, thiem gets his first atp win of the year. and, from the catwalk to the canoe. para—athlete jack aires shares his story and his hopes for this summer's games. welcome to the programme. inter milan are getting ever closer to wining serie a for the first time in three years after going 14 points clear at the top of the table. they beat empoli 2—0

in a convincing victory which increases their lead over city rivals ac milan with just eight matches to go. nick parrott reports. despite federico dimarco opening the scoring at san siro with less than 6 minutes on the clock, inter were far from the scintillating form they showed before being knocked out of the champions league by atletico madrid last month. russ van marin came close to scoring a spectacular equaliser in the first half, and polley�*s stubborn resistance was only broken after former manchester united and arsenal forward alexis sanchez came on. the chilean securing the victory for inter with just nine minutes to go. if results continue to go their way, they could secure the title in the milan derby in three weeks' time. nick parrott, bbc news. elsewhere bologna were 3—0 winners over bottom of the table salernitana, beating them for the second time this season.

they're currently fourth in the table, pushing for a place in the champions league. so let's take a look at the top of serie it. inter milan with 79 points — 14 between them and their city rivals ac milan who're in second with eight matches left to play. juventus and bologna both looking for champions league places in third and fourth respectively. in england, burnley look like they will be heading back to the championship. they are 19th in the premier league table, but their manager vincent kompany has hit out at the referees in the league, saying the standard hasn't been good enough this season. kompany was shown a red card over the weekend during their draw at chelsea, after protesting against a penalty decision that resulted in one of his players being sent off. the frustration comes from the fact that is a succession of mistakes, and it's always debatable, so when it's one game and one event and is debatable, just like this case could be debatable, less so than other cases,