Live, rolling coverage of business, economics and financial markets as European data shows electric carmaker’s sales slump continued in June

Elon Musk's firm reports falling profits as tariffs hit and the US cuts support for electric vehicles.

Cattive notizie per Tesla: crollo delle vendite in Europa e allarme sui profitti futuri dopo le nuove regole dell'amministrazione Trump

Live, rolling coverage of business, economics and financial markets as European data shows electric carmaker’s sales slump continued in June

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.

Electric carmaker struggles to emerge from sales rut on continent despite updating its bestselling Model Y

Figures published by the European Automobile Manufacturers Association (ACEA) showed Tesla sold 109,879 vehicles in Europe between January and June - down 33 per cent.

Tesla's going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.

Tesla's going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.