Tesla's profits plummet to five-year low as Musk pays the price of Trump

Contributing sentiments towards policy:

64% : A Target spokesman told Bloomberg: "We had a productive meeting with President Trump and our retail peers to discuss the path forward on trade, and we remain committed to delivering value for American consumers.
57% : "China and the EU should shoulder international responsibilities, jointly defend the multilateral trading system, and work together to build an open world economy", Mr Wang told Beate Meinl-Reisinger.
55% : " Mr Punhani said high trade uncertainty, weak confidence and softer global frown on the back of tariffs would apply downward pressure on UK growth, while a softening labour market, falling energy prices and trade diversion of cheap imports would reduce inflation risks.
55% : The UK's flagship stock index was at 8,275.99 shortly after the open, while the mid-cap FTSE 250 was down 0.1pc at 19,237.05. 07:51 AM BST Trump rocks Asian solar industry with 3,500pc tariffs Donald Trump has slapped tariffs of more than 3,500pc on imports of solar panel parts from Southeast Asia amid claims they are unfairly subsidised.
53% : The US currency accelerated losses after Thailand's prime minister said trade negotiations with Washington - scheduled to begin on Wednesday - would be postponed.
51% : India was hit with 26pc tariffs at the start of the month, prior to the 90-day pause later announced by President Trump.
50% : "That's been brought into sharp focus in the last three or four months on the question of security and defence, we have to recognise we're moving into a new era where all Europeans need to step up on security and defence, and that's the discussions we're having with the EU and others.
50% : He warned that backlash over the row between Trump and Powell paled in comparison to the wider rolling back of investor confidence in the US.
49% : Europe's appeal has been "enhanced by the harm that the US is inflicting on itself", he said. 04:46 PM BST China urges Lammy to 'safeguard' global trade rules China's top diplomat has called on Britain and the EU to jointly safeguard international trade as Beijing faces a blistering tariff war with Washington.
47% : However, Mr Musk's embrace of Mr Trump and role as a White House adviser, leading cost-cutting in the Department of Government Efficiency (known as Doge), has prompted investor fears that he has failed to spend enough time on the $700bn company's core car business.
46% : "Our industry is at a turning point," chief executive Oliver Blume said, noting a "highly competitive market" and "rising trade barriers" as major challenges. 05:42 PM BST Wall Street pushes higher on hopes of trade deals Wall Street indexes have strongly risen, a day after they plunged amid worries that Donald Trump could force out Jerome Powell, the US Fed chairman.
45% : In a separate phone call on Tuesday, Mr Wang told his Austrian counterpart that the European Union should "jointly defend" international trade.
41% : " 08:40 PM BST Wall Street climbs after US Treasury secretary says China tariffs unsustainable Stocks on Wall Street jumped on Tuesday after Scott Bessent, the US Treasury secretary, said that America's trade war with China was not sustainable.
41% : But it looks like the US is blinking first, which Trump would obviously rail against.
39% : It comes as President Trump seeks ways to oust Jerome Powell from his position as head of the US central bank, having repeatedly urged him to lower interest rates.
39% : The pound surged to its highest level against the dollar since September after Donald Trump reiterated his calls for the US Federal Reserve to cut interest rates.
37% : He said: "The market reaction is arguably more about broader investor concerns that less credible US policy-making may erode the exorbitant privilege that has allowed the US to run high twin deficits than it is about the specific risk of political influence over the Fed's rates policy.
34% : " The Bank of England announces its next interest rate decision on May 8. 10:16 AM BST Bank of England policymaker weighs-in as Trump threatens to fire Fed chief The independence of central banks is crucial to bring down inflation, a Bank of England policymaker has said, after Donald Trump threatened to fire the chairman of the US Federal Reserve.
33% : Some of America's largest retailers have met with Donald Trump at the White House as they seek to limit the effects of the US president's trade war on their businesses.
33% : "The effect of the tariffs on countries like the UK, like it is in the EU or China, is a negative demand shock.
28% : Meanwhile, the imposition of import tariffs from US president Donald Trump has also thrown global trading relationships in the spotlight.
28% : " 08:18 AM BST Roche unveils $50bn US spending plans amid Trump tariff threat Roche has announced plans to invest $50bn (£37.3bn) in the United States over the next five years, just over a week after Donald Trump threatened tariffs on the pharmaceutical industry.
27% : The volatility sparked by Trump's trade policies has already made it "harder to access capital", Metzgen added, as he warned that lenders are increasingly reluctant to lend money to firms at risk. 09:41 AM BST Consumer confidence slumps in wake of Trump tariffs Confidence in household finances dropped in the days after Donald Trump announced his "liberation day" tariffs, new survey data showed, as economists warned consumers would likely tighten their belts in the coming months.
26% : All three major indexes dropped by more than 2pc at the start of the week after Donald Trump reiterated his call for Federal Reserve to cut interest rates, sparking concerns he may try to oust the central bank's chairman Jerome Powell.
26% : The FTSE 100 was on track to open lower after the Easter break as Donald Trump caused fresh turmoil in financial markets.
24% : Gold rose to a new record high of $3,486 an ounce, after a 2.9pc jump on Monday over concerns President Trump could damage the independence of the Fed and trigger a fresh inflation crisis in the US.
22% : America could pay the price Donald Trump is not known for his subtlety - and there has been nothing subtle about his approach to Jerome Powell, the chairman of the Federal Reserve.
22% : Fresh turmoil in financial markets has deepened after Donald Trump urged the Federal Reserve to cut interest rates, raising doubts about its future independence.
19% : On Thursday, Trump insisted he could force out Powell, saying the Fed chair would "leave if I ask him to".
19% : It fell after President Trump warned the US economy faced a slowdown unless the Fed cut interest rates, raising concerns he may try to find ways to oust its chairman Jerome Powell.
15% : Trump wants to sack his 'loser' Fed chief.
13% : Christine Lagarde, the head of the European Central Bank, has said that she hopes Donald Trump will not oust the US's central bank boss Jerome Powell prematurely. Asked about the possibility that the US president tries to fire Mr Powell before the end of his term, Ms Lagarde told CNBC she hoped this situation was "not on the table".
13% : " Donald Trump is proving to be a "disaster" for financial markets, Telegraph readers have warned after the latest sell-off in the dollar.
11% : " 02:06 PM BST Reeves cannot blame Trump for Britain's downturn, warns IMF Britain's growth prospects have been cut by the International Monetary Fund (IMF) as it warned Rachel Reeves could not single out Donald Trump's trade war for the downturn.
11% : " 10:02 AM BST City scrambles as Trump's trade war sends debt markets haywire Donald Trump has spooked the debt markets.
11% : The dollar was not just struggling against the pound after Donald Trump ramped up his attacks against Federal Reserve chairman Jerome Powell.
11% : The yen also rose higher than 140 to the dollar for the first time since September after Trump called Fed chief Powell a "major loser" and demanded that he lower interest rates "now" to avoid an economic slowdown.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.