Brief by Shorts91NewsDesk / 10:40am on 06 May 2025,Tuesday Business
In April 2025, Tesla's UK sales plummeted 62% year-on-year to 536 units, marking the lowest in over two years, despite a 6.9% rise in overall battery-electric vehicle registrations. This decline mirrors broader European trends, with Tesla's sales dropping significantly across major markets. Factors include intensified competition from European and Chinese EV manufacturers—Volkswagen and BYD saw UK sales surge by 194% and 311%, respectively—and growing public backlash against CEO Elon Musk's political affiliations, notably his support for far-right movements. Incidents of protests and vandalism at Tesla facilities have been reported. In response to disappointing Q1 results, Musk has pledged to refocus on company operations, with hopes pinned on the revamped Model Y launching in June. (PC: Reuters)
