Tesla’s car sales in the UK plummeted by over 45% in May 2025, as growing political backlash and stronger competition impact the brand’s market share despite a booming electric vehicle sector.
Tesla’s UK car sales fell sharply in May, dropping more than 45% year-on-year to 1,758 vehicles from 3,244 a year earlier, according to preliminary data from New AutoMotive. The decline comes despite a broader rise in the British car market, where overall new registrations grew 4.3% to 144,098 units during the same period.
The sharp drop is being partially attributed to political controversies surrounding Tesla CEO Elon Musk. Analysts and industry observers suggest his polarising public stance on various issues may have dampened consumer sentiment across European markets.
Despite the dip, Tesla remains the UK’s best-selling battery electric vehicle (BEV) brand for the year to date. However, its dominance is increasingly being challenged by rivals, particularly Chinese carmaker BYD, which more than doubled its UK sales to 1,388 units in May.
The broader UK electric vehicle segment showed resilience, with BEV sales rising 28% year-on-year. Yet Tesla’s performance in Europe continues to raise concern, with the company also reporting significant losses in other countries—sales fell 53.7% in Sweden and 68% in Portugal.
In a bid to reverse these trends, Tesla recently launched a refreshed Model Y in Norway, where sales surged by 213%. The updated model is expected to roll out in additional European markets in the coming weeks, potentially boosting performance in the region.
At the close of the latest trading session, Tesla’s share price stood at $344.27, marking a slight increase of 0.45%.
Direct communication between senior U.S. and Iranian officials has broken down as tensions rise over Tehran’s crackdown on protests and fears of U.S...
Danish Foreign Minister Lars Løkke Rasmussen said on Wednesday that Denmark was unable to change the U.S. position on Greenland after talks with Amer...
Denmark says deep differences with the United States remain over Greenland’s future, despite what officials described as frank but constructive talk...
Georgia’s decision to indefinitely suspend the Anaklia deep-water port project has stripped the country of a historic chance to become a key link in...
The United Kingdom and the United States are withdrawing military personnel from bases in the Middle East as tensions with Iran rise, following Tehran...
Danish Foreign Minister Lars Løkke Rasmussen said on Wednesday that Denmark was unable to change the U.S. position on Greenland after talks with American officials in Washington.
As tensions between Iran and the U.S. persist, authorities in Tehran are facing another problem—this time at home.
The United Kingdom and the United States are withdrawing military personnel from bases in the Middle East as tensions with Iran rise, following Tehran’s warning to regional allies that it would target U.S. bases if Washington takes military action.
Germany’s finance minister has urged a new era of “European patriotism” to protect the continent’s economic interests, calling for state-backed companies to retain jobs in Europe and for public spending to prioritise European-made goods.
Real Madrid have parted ways with coach Xabi Alonso, appointing former defender Álvaro Arbeloa as his replacement.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
The U.S. has issued an urgent security notice calling all American citizens to leave Iran immediately, citing escalating protests, growing violence and widespread communication shutdowns across the country.
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
Apple will use Google’s Gemini artificial intelligence (AI) models for its revamped Siri voice assistant later this year, in a multi-year deal that strengthens the tech giants’ partnership and boosts Alphabet’s position in the race against OpenAI.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment