Tesla, the US-based electric vehicle giant, experienced a 45.2% decline in sales across Europe in January compared to the previous year, according to data released on Tuesday by the European Automobile Manufacturers' Association (ACEA).
The report revealed that Tesla sold 9,945 vehicles in January 2025, a significant drop from the 18,161 units sold in the same month of 2024 across Europe, including the EU, the European Free Trade Association (EFTA), and the UK.
Within the EU alone, Tesla's sales plummeted by 50.3% to 7,517 units in January 2025 compared to the same period last year.
In contrast, battery electric vehicle sales saw a sharp increase, rising by 34% to 124,341 units in the EU and by 37.3% across the EU, EFTA, and the UK combined.
U.S. President Donald Trump said on Tuesday he will buy a new Tesla car to show support for the electric carmaker's chief and his ally Elon Musk amid recent "Tesla Takedown" protests and the slump in the company's stock price.
Over the past two months, tech billionaire Elon Musk has increasingly promoted far-right political causes in Europe, notably lending his support to Germany’s Alternative für Deutschland (AfD).
Tesla’s market performance in Scandinavia has experienced a notable downturn, with registration data from February showing a significant decline compared to the previous year.
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
Shanghai, February 24, 2025 – Tesla Inc. is preparing a software update for its Chinese customers that will enable advanced driving-assistance features similar to its full self-driving (FSD) capabilities available in the United States.
United Nations Secretary-General Antonio Guterres said that talks on the future of Cyprus had made progress for the first time in years, with both sides agreeing a series of initiatives including the opening of crossing points.
Russia and Ukraine accused each other of new infrastructure attacks, despite a 30-day ceasefire agreed by President Vladimir Putin. Kyiv reported heavy drone strikes, while Moscow claimed to have intercepted Ukrainian drones. The tensions follow a call between Putin and Donald Trump on the conflict.
Israel’s far-right politician and leader of the Otzma Yehudit party, Itamar Ben-Gvir, is set to return to Benjamin Netanyahu’s government amid an intensification of the war in the Gaza Strip.
Germany plans to release an additional 3 billion euros in military aid for Ukraine, marking a breakthrough after Chancellor Olaf Scholz had previously blocked the funds over borrowing rule concerns.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
The Russian Finance Ministry has announced that a "large privatization" initiative will be launched this year, involving the sale of more than 100 items of state property.
Russian President Vladimir Putin has given a U.S. hedge fund permission to buy securities in Russian companies from certain foreign stakeholders and authorised their future sale to two Russian funds, a presidential decree showed on Monday.
Uzbekistan has announced the sale of state shares in three major automotive companies as part of its ongoing privatization efforts.
The National Bank of Kazakhstan is launching the Gold Coin project, a digital version of an investment coin, beginning on March 17, 2025.
Apple’s iPhone, along with other foreign-branded smartphones, saw a sharp 21% decline in shipments in China this January. Economic shifts and rising competition from local brands are reshaping the market, putting pressure on international players like Apple.
United Nations Secretary-General Antonio Guterres said that talks on the future of Cyprus had made progress for the first time in years, with both sides agreeing a series of initiatives including the opening of crossing points.
Russia and Ukraine accused each other of new infrastructure attacks, despite a 30-day ceasefire agreed by President Vladimir Putin. Kyiv reported heavy drone strikes, while Moscow claimed to have intercepted Ukrainian drones. The tensions follow a call between Putin and Donald Trump on the conflict.
Israel’s far-right politician and leader of the Otzma Yehudit party, Itamar Ben-Gvir, is set to return to Benjamin Netanyahu’s government amid an intensification of the war in the Gaza Strip.
Germany plans to release an additional 3 billion euros in military aid for Ukraine, marking a breakthrough after Chancellor Olaf Scholz had previously blocked the funds over borrowing rule concerns.
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