Tesla sales slump in first annual revenue drop on record

Tesla suffers a fall in its annual vehicle sales for the first time in its history but shares are still in the green as the auto maker posts a beat on earnings. Tesla has also announced it will be axing its S and X models as it moves to increasingly produce humanoid robots. German lender Deutsche Bank enjoys record FY and Q4 earnings. We speak to CFO James Von Molke who says U.S. economic strength will help bolster the world’s economy. SAP posts Q4 sales results in line with expectations and says its cloud revenues are set to surge by up to 25 per cent this year.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.