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Published by Capital Client Group, Inc. Good morning from the Financial Times.
Today is Thursday, April 23rd, and this is your FT News briefing.
Tesla has good news for investors, and China's new trading rules have businesses walking on eggshells.
Plus, the FT's John Byrne Murdoch explains how artificial intelligence is dividing the workplace.
Although it might be true that within particular workplaces,
AI can kind of level the playing field, across the whole economy, it seems to have the opposite effect.
Mark Filippino, and here's the news you need to start your day.
Tesla looks like it's rebounding.
Profits for the electric vehicle maker rose 17% in the first quarter of this year compared to the same period last year.
It's an improvement from a couple of months ago, but it's still below what analysts expected.
It's also the company's second weakest quarterly profit figure in five years.
This time last year, Tesla sales really suffered.
The company's CEO, Elon Musk, alienated many customers with his involvement in the early days
of the second Trump administration.
China is introducing new supply chain rules.
These are designed to protect the country against sanctions and from supply chain disruption
caused by events like the war in Iran.