Tesla’s new car sales in Europe plunged 27.9% in May, even as the region saw a major rise in demand for electric vehicles, data from the European Automobile Manufacturers Association (ACEA) showed.
Tesla has begun a small-scale robotaxi trial in Austin, Texas, deploying about 10 self-driving cars to pick up paying passengers in a limited area, as the state enacts new regulations for autonomous vehicles.
Tesla has secured a major agreement to build its first grid-scale battery storage station in China, local media outlet Yicai reported Friday.
Tesla’s shares declined by about 14.2% on Thursday, reducing the company’s market value by roughly $152 billion, as Elon Musk and Donald Trump publicly exchanged criticisms on social media.
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 new car registrations in Norway jumped by 213% year-on-year in May, reaching 2,600 vehicles, boosted by strong demand for the revamped Model Y SUV.
Elon Musk has officially stepped down from his role in the Trump administration, bringing an end to his involvement in the Department of Government Efficiency (DOGE), a cost-cutting initiative he helped lead.
Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
Elon Musk confirmed he plans to stay as Tesla’s chief executive for at least five more years. Speaking at the Qatar Economic Forum, Musk said despite pressure over his ties to Donald Trump’s administration, he remains committed to leading the electric car company.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Tesla chair Robyn Denholm called “absolutely false” a Wall Street Journal report that the board is hunting for a successor to CEO Elon Musk, insisting directors remain confident in his leadership.
Tesla shares soared nearly 23% after President Trump announced a 90-day pause on tariffs for over 75 nation, excluding China, boosting investor confidence and lifting the EV giant’s market value to $852.9 billion amid a volatile trading year.
Canada has suspended Tesla rebate payments and barred the automaker from future EV incentives due to U.S. tariffs. Transport Minister Chrystia Freeland said the freeze will remain until claims are individually reviewed.
Tesla's market share in Europe continued its decline in February, according to new data, as sales of the all-electric carmaker dropped for the second consecutive month.
Canadian police are investigating after more than 80 Tesla vehicles were vandalized at a local dealership.
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.
Tesla has introduced an upgraded Model Y in China, featuring enhanced design and functionality, priced from 263,500 yuan ($35,900), as the company seeks to reclaim market share in the highly competitive EV market.
BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Tesla's 2024 deliveries dropped 1.1%, missing estimates. Aging models, competition, and high costs weigh on sales, despite China growth and Cybertruck's debut. Shares fell 6%.
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