2 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

6 h. ago Donald Trump's telling comment about Elon Musk as world's richest man to leave White House

A comment Donald Trump made about Elon Musk is recirculating after reports the Tesla boss is set to step down from his government role - and his DOGE department could also disappear

Politics

8 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

26 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

26 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

9 d. ago China explores services subsidy to boost weak domestic demand

Support for travel, tourism and sports comes as Beijing doubles funding for goods trade-in scheme to $41bn

Politics

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 The Guardian view on China's EV breakthrough: helped by the kind of strategic state Elon Musk despises | Editorial

BYD, a Chinese carmaker once dismissed by Tesla’s CEO, claims to have outpaced western rivals with charging tech that’s as fast as filling petrol enginesTesla’s boss, Elon Musk, once thought the idea that China’s BYD could compete with his company was laughable. In 2011, he smugly dismissed the Chinese carmaker as unimpressive, its products unattractive and its technology “not very strong”. He’s not laughing now – and not just because Tesla’s stock has plummeted amid a boycott by motorists protesting against his embrace of far-right politics. More pressingly, Mr Musk, like other western carmakers, has been outpaced by BYD.Last week, the Chinese electric vehicle (EV) manufacturer unveiled new charging technology that, it says, is capable of delivering 400km (249 miles) of driving range in just five minutes – as quick as filling up a petrol car. The system, released next month, will be fitted in two EVs, priced from 270,000 yuan (£29,000) – comparable to Tesla’s most affordable model ...

Politics

1 week ago After America: can Europe learn to go it alone without the US?

In Germany, tariff-hit car factories are being repurposed for defence. In Britain, American academics are queueing up for jobs. The west will be different as a result of Trump – but will it be worse?The German ­electronics firm Hensoldt has a backlog of orders for its technology, ­including radars that protect Ukraine from Russian airstrikes. Meanwhile, Germany’s car industry is struggling with low European demand and competition from China.As Europe worries about how it can weather the economic and ­political turmoil unleashed by Donald Trump, executives from Munich and Düsseldorf say they have at least a partial answer. 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

2 w. ago Biggest JFK file revelations as we asked Elon Musk's AI – here's what it told us

EXCLUSIVE: The Daily Star turned to Elon Musk's artificial intelligence-powered large language model called Grok to find out what the seven biggest JFK files revelations are

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