3 h. ago Trapped with a Tesla: my dream car has become a living nightmare | The secret Tesla driver

I bought it to be part of a greener future, but that was before Musk proved so awful. I’d sell it now, but prices have droppedAfter our children left home, my wife and I decided to treat ourselves and buy a new car for a driving holiday in Europe. We’d been driving a family estate car for years, loading it up with kids and making trips to and from universities, but we wanted something for ourselves.As a surprise, she booked a test drive for the Tesla Model S for my birthday. It was unlike any car I’d been in before. I thought “Wow, this is amazing.” It felt like the future: a computer on wheels that was constantly updating with new features. I can’t say I feel that way now – and many people seem to share that view. Tesla sales figures declined by 13% in the first few months of this year. Others feel even more uneasy: more than 200 demonstrations happened last weekend outside company facilities around the world to protest against Elon Musk and the wrecking ball he has taken to the fe...

Transport

9 h. ago Trump's US tariffs will have "devastating" impact on UK business as Tesla sales plunge

Watch today’s top business news in under two minutes - as Donald Trump tariffs begin to bite.

Economics

24 h. ago Tesla sales plunge by 13% to a three year low amid backlash against boss Elon Musk, a model redesign and slump in demand from China

The world's richest man and self-declared Tesla 'Technoking' has attracted widespread international condemnation for his social media activity and actions such as an alleged Nazi salute.

Economics

26 h. ago Tesla quarterly sales slump 13% amid backlash against Elon Musk

Drop is likely combination of ageing lineup, increased competition and backlash to Musk’s politicsTesla sales declined in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.The drop of 13% is likely due to a combination of factors, including its ageing lineup, competition from rivals and a backlash from Musk’s embrace of rightwing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors. Continue reading...

Economics

27 h. ago Tesla sales drop 13% in first quarter as Elon Musk backlash, aging models hurt demand

Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers

Politics

27 h. ago Tesla sales drop dramatically amid backlash against Elon Musk

Tesla delivered 13 percent fewer cars in the first quarter of this year, it has said, amid growing backlash to Elon Musk.

Economics

5 d. ago ‘Love the car, not the CEO’: how Europe’s Tesla owners feel about their cars

Some voice regret over Musk’s backing of Trump, but others say CEO’s views do not detract from the car’s appealTesla showrooms across the world are expected to face anti-Elon Musk protests on Saturday, as Musk’s senior role in the Trump administration has contributed to a European consumer backlash by some Tesla owners and prospective buyers.It follows a 44% drop in Tesla sales in Europe on average last month, according to the research platform Jato Dynamics. Tesla’s European market share fell to 9.6% last month, the lowest it has registered in February for five years. Continue reading...

Politics

7 d. ago Why are Tesla sales down? Elon Musk's politics may be to blame

The EV firm’s sales are down in many parts of Europe, while rivals are chipping away at its market share in the company’s native US

Politics

9 d. ago Tesla sales fall by 49% in Europe even as the electric vehicle market grows

European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew

Economics

9 d. ago Tesla sales plunge 42% in Europe and market share continues to shrink amid fallout over Elon Musk's support for hard

Tesla's market share in Europe continued to shrink year-on-year in February, as sales dropped for a second consecutive month despite rising overall EV registrations on the continent.

Economics

9 d. ago Chinese electric vehicle maker BYD reports 2024 revenue over $100B, topping Tesla's sales

Chinese electric vehicle maker BYD has reported its revenue soared to a record $107 billion last year as its sales of battery electric and hybrid vehicles jumped 40%

Economics

9 d. ago Tesla’s EU sales almost halve this year; Hyundai announces $21bn US investment to avoid tariffs – business live

Rolling coverage of the latest economic and financial newsShell chief executive Wael Sawan’s pay package rose by 8.5% last year, to £8.6m, attracting criticism from environmental campaigners.Sawan’s pay rose from £7.9m in 2023, Shell’s annual report shows this morning, due to increased bonus payments such as through its long-term incentive plan.“After a year of unchartered climate extremes and huge energy bills, which are set to spike again in many countries this year, Wael Sawan’s obscene pay packet will feel like a slap in the face for millions.“It’s maddening to know that Big Oil bosses like Sawan are raking it in, as they double down on the oil and gas that’s fuelling climate devastation, and continue to profit from an energy crisis that’s leaving so many of us poorer.” Continue reading...

Economics

1 week ago Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links

US carmaker’s European market share falls as Chinese rival BYD overtakes it on global revenue, topping $100bnBusiness live – latest updatesSales of new Tesla cars slumped in Europe last month in the latest indication of a potential buyer backlash over Elon Musk’s high profile and controversial behaviour since becoming a leading figure in Donald Trump’s administration.The Texas-based electric carmaker sold less than 16,000 vehicles across Europe last month, down 44% on average across 25 countries in the EU, the UK, Norway and Switzerland, according to data compiled by the research platform Jato Dynamics. Continue reading...

Politics

1 week ago Traitorous timeline of Tesla – Elon Musk's rise to power and fall from grace

As Tesla sales stall across Europe and the company's net income drops, many have been left to wonder how Musk found himself at the helm of the EV car company despite not actually founding it

Politics

1 week ago Trump pulls security clearances for Biden family, Kamala Harris, Hillary Clinton, among others: Live updates

As backlash over billionaire Elon Musk’s role in administration grows, president says he was at Pentagon on DOGE cost-cutting business, not to see secret plans for combat with China as reports said

Politics

2 w. ago If you’re thinking of snapping up a cheap new Chinese electric car there is something you should know

As the Chinese overtake Tesla for sales and automaker BYD becomes the first in the world to unveil a battery that is capable of charging EV’s in the same amount of time as it takes to fill up a fuel tank, Jonathan Margolis examines the claims that there are other aspects we need to be mindful of.

Politics

2 w. ago ‘Tesla is a good target’: Elon Musk’s car business is focus of fury for political role

Justice department’s threat to ‘come after’ demonstrators against Trump-allied billionaire fails to deter protestsHundreds of people protested at Tesla dealerships across the US over the weekend, as the backlash against Elon Musk and the Trump administration continued despite a warning from the attorney general that the government will be “coming after” protesters.The protests, in cities including Los Angeles, Philadelphia, Boston and New York, have come as Musk has seen his net worth plunge and the sales of Teslas plummet in Europe. In Brooklyn, New York, about 50 people gathered outside a Tesla showroom on Saturday afternoon to loudly make their displeasure clear, the fourth such protest in the last four weeks. Continue reading...

Politics

2 w. ago Eggings, swastikas and dog poop: Tesla bears brunt of people’s ire against Musk

In response to the billionaire’s scorched-earth raids on US government agencies, Tesla chargers and showrooms are being targetedIn the early morning hours of Donald Trump’s inauguration day, a person wearing a long black cloak and face mask wheeled a cart down an Oregon sidewalk. He was headed toward a Tesla showroom in Salem, and his cart appeared to be loaded with molotov cocktails, according to court documents. One by one, he took out the handmade explosives, lit them on fire and lobbed them at the glass-walled dealership.By the time Salem police arrived, the showroom window was shattered, a fire was burning on the sidewalk out front, a nearby Tesla sedan was ablaze and the alleged vandal had fled. The whole scene was caught by security footage, according to an affidavit from a special agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). The showroom’s general manager estimated $500,000 in damages, with seven vehicles struck and one completely destroyed. Cont...

Politics

2 w. ago Digested week: Just enjoy Tesla shares tumbling as Trump crashes the markets | Emma Brockes

The Elon Musk backlash, boos for JD Vance, Meghan naming protocol, a wombat botherer and – OMG! – buying kittensTo the people who parked their consciences and voted for Donald Trump because they thought he’d slash regulation, cut corporate taxes and eviscerate the federal government to send their stock holdings soaring, I’d like to ask: “How’s that working out for you?” For anyone with a pension, college savings or other assets in the US market this was an unrelaxing week, during which the Dow fell by almost 900 points on Monday and some $4tn (£3tn) was wiped off the S&P 500. Continue reading...

Events

2 w. ago Shots fired at Tesla dealership as backlash against Elon Musk grows

Police in Oregon say gunshots were fired at a Tesla dealership for the second time in a week

Economics