News Snapshot:
Tesla is experiencing a free fall in Europe, with no signs of improvement in the foreseeable future. Sales figures published today by the European Automobile Manufacturers' Association (ACEA) show demand dropped yet again in May, marking the fifth consecutive month of declining sales. A look at the numbers highlights just how much Tesla is struggling in the European Union, the United Kingdom, and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway, and Switzerland. 2025 got off to a rocky start for Tesla, with sales in the EU, UK, and EFTA dropping by 45.2% to 9,945 units compared...