to celebrate him to ah, you polite, ne represents a lot because since i was a kid, i saw him and i was very moved. it's pure emotional to day. my son and we are here at his funeral back and you can see that the whole city has stopped to use it. the whole world has startled go to puerto because the pet accidental mark that he doesn't play. arguably, the world's greatest ever football player was laid to rest in a private ceremony. at this most, a liam in his hometown. i set you up today. it's more for me at the top of the hour. daniel windsor has your business updated just about ah, a scoring we say they were about giving up

sports like every weekend on d. w. a. hello guys. this is the 77 percent. the platform with issues and share ideas. you know, on these channels, we are not afraid to dedicate young people clearly have the solution. good future this 77 percent every weekend on d. w. ah, ah, tesla's a stock drops after a disappointing financial report. what does the future look like? that the law masks embattled car maker for get the expert view. also coming up, job and inflation has fallen more than expected relief from price pressure couldn't

come too soon for businesses struggling to make ends meet. in that time again, the w business. welcome. tesla's share price has taken a tumble once again. this time dropping 12 percent on the new york stock exchange. it's yet more bad news for a long masks, car maker, which had a rough time last year. the value of the company's shares plummeted over 65 percent in 2022. the problem, at least in part, is that the company miss the expectations of investors. tesla sold 1300000 cars last year, more than ever before. but instead of 50 percent sales growth sales increased by only 40 percent compared to the previous year. sale still went up, but investors worry. it could be the early signs of a slow down. meanwhile, reuters reports at a previous boss of tesla's chinese operations. tom jew has been promoted to take

care of the company's north american sales plants and distribution. a move that puts him 2nd only to e lawn himself. well, we can hear more about this from yen score to who has more on this from new york? yes, tell us more about the reaction of wall street to tesla's results. it seems that they were quite disappointed. yeah, daniel, clearly invest stonewall today. not too happy. and the famous true for analysts are actually a couple of entities from the big bang. so either downgraded the stock or lower the price to target to for that company. it's not only about deliveries at this point. i mean, as you mentioned, they are historically high. and then with the new plants in berlin and also in texas delivery, it could still still be on a pretty good to track. but another concern by now is actually a profit margin. so we did hear from tesla that in certain cases, say for example,

offer some incentives so they could care less per car and that could put a profit, the profit margins under pressure, and that's what was sweetest, focused on at this point. let me take one example from and now that is to, isn't that down beat goldman sachs, for example. they did lower the price target for tests, but they're saying in the long term it still looks pretty good for a test as they might remain, being the leader when it comes to the mobility. but clearly at this point, a lot of trouble for tests and not a good start into the new trading year for the company. yeah, looks like plenty of problems to fix least on investors opinion against quarter in new york. thank you very much. peter fennel is vice president of technology at cap gemini, engineering. thank you very much for joining us, peter. test the risks facing a multitude of difficulties right now. where do you see the biggest pain points for

the company? you, daniel, thank you very much for having me. well, clearly, tesla, a company that was always had an order of success had a lot of had been in the last 2 years. right. so 1st and foremost, we also had from the press, there was an increasing number of product recalls throughout the year. they had the safety investigations from legislators most around. they are automated driving slash driver assistance systems. there have been a questionable progress and also safety concerns on test last a full self driving vehicle software suite. right. and last but not least for the year in the public concerns over elan musk site activities, namely his, they can twitter his wasting out of questionable political opinions. and last but not least, his other obligations yesterday to other companies and all that overshadowed his

the success of test line 2022 and put some scratches into the shiny metal of tesla so far. and it's focus that over 60 percent in the past year, could it be that test that was just overvalued in the 1st place? well, clearly i think, you know, the stock market is trading expectations. yeah. and if you, if you listen to the tesla story, revolutionizing mobility, revolutionizing energy markets, and also potentially revolutionizing manufacturing in the future with this up to most robot. well, there are a lot of stories that i would say justify, i believe ation. but in reality, you see that the market has moved on tesla acted as a catalyst in order to bring electric and mobility to the masses. and a lot of competition has scaled up. and also clearly in the next years we will see the tesla is at least for it's, we're operating in

a limited market. even if we are very, very bullish, we will see the vehicle market not grow beyond the $100000000.00 vehicles per annum. right. and this tesla would continue to grow with the current rate in 20 started, it would be around $30000000.00 vehicles here, and that would be a market share. so to percent, that's not realistic. so i think we see a down scaling now of the, of the expectations and also the effect on the stock market. ok, and what is report that, thomas, you has become 2nd in command. what do we know about you just briefly if you can, and why is he being drafted in? you're right. clearly, in the past test lab was very keen to, to, to always, to always foster the image of the law mascot. the one men rule with all, but we should not forget the tesla is now a company with a rough stuff around 100000 talents. yes. so clearly it needs a functioning, a functioning organization in order to,

to run this company profitable and successfully. so talk to if he's with test luck since 2014, right. so he started and he was tasked as, as, as a person to build up the supercharger network in china and very soon became general manager. and then the last year he's been more widely known as the, as the manager who, who kept take effect to re shanghai open your it cove, it. right. so he's, he's a real and accomplished manager. and tom, too many people think, oh, is this a chinese not running? tesla? i'm to has some very international background. he's chinese bore and he holds a new sealant passport. and he also did his and be at the renowned duke university in the us. so in his previous jobs he worked across the globe even in africa. so i do think that he, he brings the determination and the cultural background in order to make this new task successful. all right,

that's that peter fennel there from cap gemini. thank you very much. thank you very much. let's shift gears now with some of the global business stories making news. apple shares slid nearly 4 percent on tuesday meeting. the company's market value has plummeted. one trillion dollars over the past year, around a 3rd of its value latest losses follow use of production disruptions in china. the 1st shipment of liquefied natural gas has been delivered to one of germany's newly built terminals, the u. s. tanka maria energy arrived at the northern german porterville homes half on tuesday, where it shipment of l. n. g will be converted to gas at a special floating terminal. and staying in germany, inflation here as fallen more than expected to 9.6 percent. removing some of the pressure on the european central bank to raise rates. now that's good news for businesses here which have been struggling under price pressure for months. now.

the government has tried to ease the burden by introducing a so called inflation bonus. it incentivizes work places to hand bonuses to their employees, but for some small firms, it's simply unaffordable. without workers, the job can't get done. it's a simple truth here at machinery, make a shimmer, and elsewhere when businesses strong. the 49 employees here are rewarded with a quarterly bonus. the past 2 years have gone very well for sure. that's why the company has already paid parts of a special inflation bonus to its people. ambrosia, i wish paid out the 1st $1000.00 euros per employee, we can pay out up to $3000.00 until 2024 american express. it's been a popular measures and i hope word gets around and it might even help us recruiting workers. i not on got school off on fuck, if not, we perform. the workers are excited about their bonus, especially since inflation is hitting every single one of them. let's finish one of

our yeah, i think it's wonderful and it's not something i take for granted. i'm very grateful and as her uncle yet right now that everything has got more expensive. that's a great gesture from the boss. oh, self i re business is good. the order books are full still. no one knows how long that will be the case, especially in times of high energy prices will not do something suffers next. we can only hope that the new year's not going to be too bad, that we can keep our liquidity up. because i'm sure higher energy prices are here to stay pricing as well. 80 kilometer south, a small town bakery. the ovens here run on electricity, cussing $50.00 to $60000.00 euros a year. long term contracts have protected the baker from sudden price hikes. plants loudon schlager fears his price as could eventually go up $10.00 fault. he says he's simply can't pay his work as a bonus of either ve involving my employee is would have definitely deserved it. of

course i live in speaker, but throughout the past year, bakers had to deal with rising costs for everything energy, but also our ingredients. and we don't know what the future holds, our prices going up even more because in figler i am at a point on where unfortunately i have to delay any kind of bonus payment on indefinitely and is monmouth goldfish watkins. and then the employees understand that for which loutish leggers grateful people here know about his troubles during the damage. i like the idea of a bonus, but if a company can't pay it, that's okay to send to. so for now, the bakery offers employees a steep discount on the goods they make. however, the boss would have simply preferred government support in form of energy subsidies at the shimmer machineworks, they also see room for improvement. my them, i don't off the seminar, in my opinion, the inflation bonus should have been awarded according to salary,

which those at the bottom getting more because they're going through hard times, better than paying out the same amount to everybody on firm is gonna allow for certain but for now, the company is paying out the bonuses for workers, a silver lining in a hard times. just before we go, a quick reminder of our top business story. tesla saw it share price for shop on tuesday after the electorate comic as a vehicle deliveries. i'll to meet in the best as expectations. and you're up to date with d, w of business from all of course, from catch us on our website deal dot com slash business for me on the team here in ballad. thanks for watching. in good shape. having children easy as pie or is it when the wish we're a baby remains unfulfilled?

how can women and men increase their fertility? and when things finally do work out how to expect mothers get through pregnancy? well, in good shape. next on d, w 321. their job making austria floats safe. their task controlled explosions. that triggers knows life before they become a danger. their name, the avalanche blaster. in 60 minutes on d w. oh,

i think everything jenny fair, some are big a muslim. so much different culture between here and there. so jelly, do you for everything? ah, and to some of this i think it was worth it for me to come to germany. shove my got my license to work as a swimming and are now are 2 children and adults with what's your story in take part, share it on info, migrant dot net ah ah ah, how does the women become pregnant? the answer is simple, right? sure. the process is straightforward but not always successful. the woman might be in fact and a, his benefit.