Electric vehicle (EV) adoption in Europe is increasing. One would expect that Tesla would be one of the biggest winners of such news. But the company’s sales are falling across most of its key markets.

Electric vehicle (EV) giant Tesla’s ($TSLA) sales in UK jumped by 20.7% in February despite CEO Elon Musk’s seemingly deteriorating brand value.

One of several ways in which Tesla generates revenue is by selling emissions, or carbon credits, to other manufacturers. Tesla gets credit from a governing body (the EU, in this case) for every electric car it sells.

The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable them to buy fewer emission credits from Tesla and other all ...

Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.

Analysts say he may have a longer-term goal for his business empire: backing political parties that might cut back regulations he thinks impede tech innovations.

The move dragged Tesla's market cap to $974 billion, putting it below the $1 trillion milestone it had been cruising above since November. Signs had already emerged that Elon Musk's carmaker was struggling in Europe, as EU sales dropped 13% in 2024.

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Of course, Li isn’t talking about teaming up with Tesla to co-develop a new vehicle. Instead, she believes that major EV manufacturers can work together to drive the industry forward as a whole.

Tesla dealerships across the continent and the U.S. have been the object of protests and vandalism; consumers are also expressing their displeasure with their pocket books. The company's sales in Europe declined 50 percent in January year-over-year, data from car lobby ACEA shows.

Elon Musk-led EV giant Tesla’s sales in the European Union (EU) is plummeting. The Cybertruck maker’s shares dipped below $1 trillion amid a sales slump in Europe.

Tesla’s stock dropped on Tuesday as a new report shows demand woes are picking up in Europe, with sales dropping a precipitous 45% in January. Only 9,945 Tesla EVs were register