Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
Tesla experienced a significant decline in new car registrations in both Sweden and Denmark in June. According to data from Mobility Sweden, registrations in Sweden fell by 64.4% year-on-year to just 976 vehicles. Meanwhile, Mobility Denmark reported a 61.6% drop in registrations, totaling 1,282 cars.
Tesla’s revised Model Y sales in Denmark also decreased by 31.2% compared to the previous year, indicating ongoing difficulties in boosting the brand’s performance. This marks the sixth consecutive month of declining sales for Tesla in these countries, as competitors gain traction and CEO Elon Musk faces declining popularity.
The sales data release coincided with renewed tensions between Musk and U.S. President Donald Trump over a major tax and spending bill. Following the announcement, Tesla’s shares listed in Frankfurt dropped 5.6% early Wednesday.
Türkiye’s foreign minister has renewed calls for the Kurdish-led Syrian Democratic Forces (SDF) to disarm and disband, during talks with...
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign ...
ICT Week Uzbekistan 2026 will bring startups, investors and global technology companies to Tashkent from 22 to 25 September, with venture capital, ...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment