Tesla Sales Plummet by 49% in EU
Sales of vehicles made by Elon Musk‘s Tesla plummeted in the first two months of 2025 in the European Union, industry group The European Automobile Manufacturers’ Association (ACEA) said on Tuesday morning. The number of Tesla’s new vehicle registrations dropped 49 percent year-on-year in January and February to 19,046. Newsweek has emailed Tesla’s European press […]
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Tesla’s Worst Performing Markets As Global Sales Plummet
Despite an ongoing boom in demand for low-carbon vehicles, Tesla‘s sales continue to plummet due to a mix of increasingly stiff competition from others in the electric vehicle, or EV, space, as well as the actions of its CEO, Elon Musk, whose preoccupation with politics has alienated some buyers and unsettled investors. Newsweek contacted Tesla […]
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Stocks Plummet After Trump Confirms Mexico, Canada Tariffs to Go Forward
By Katherine Fung is a Newsweek senior reporter based in New York City. She has covered U.S. politics and culture extensively. Katherine joined Newsweek in 2020. She is a graduate of the University of Western Ontario and obtained her Master’s degree from New York University. You can get in touch with Katherine by emailing k.fung@newsweek.com. […]
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