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.
Mourners are paying their respects to the late Iranian Supreme Leader Ali Khamenei, as his funeral ceremonies move to Qom in north-central Iran. ...
Ramzan Kadyrov has been left off the ruling United Russia party's election list for Chechnya for the first time since 2007, fuelling fresh speculation...
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defen...
Mourners are paying their respects to the late Iranian Supreme Leader Ali Khamenei, as his funeral ceremonies move to Qom in north-central Iran.
Ramzan Kadyrov has been left off the ruling United Russia party's election list for Chechnya for the first time since 2007, fuelling fresh speculation about his political future and succession plans.
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
At least two commercial vessels were damaged by missile strikes near the Strait of Hormuz late on Monday (6 July).
Mourners are paying their respects to the late Iranian Supreme Leader Ali Khamenei, as his funeral ceremonies move to Qom in north-central Iran.
The death toll from Venezuela's devastating twin earthquakes has risen to 3,342, according to the country's information ministry, as rescue teams continue searching affected areas and survivors face an uncertain recovery.
Mexico's national football team has returned luxury Rolex watches gifted by American content creator Stevewilldoit after concerns that they could conflict with FIFA's ethics rules.
Christian Dior has secured one of fashion's most coveted celebrity endorsements after both Taylor Swift and Travis Kelce wore custom haute couture designs by creative director Jonathan Anderson for their wedding in New York.
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
Rocket Lab has agreed to acquire Iridium Communications in an $8 billion deal, giving the space company a global satellite communications network and accelerating its expansion beyond launch services. The acquisition marks a major step in its ambition to become a fully integrated space business.
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