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

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

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

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.

The electric car maker reported another quarter of terrible financial results late Wednesday.