The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable

As an energy enthusiast, I’ve been closely following the EU’s car crisis and its impact on the automotive industry. It’s fascinating to see how regulatory changes can shake up the market, especially when it comes to electric vehicles (EVs).

Tesla witnessed a drop of over 50% in new car registrations in January in the EU despite battery electric vehicle registrations rising.

Teslas car sales in Europe and the UK tumbled in January, facing mounting competition from Chinese automakers and European brands expanding their EV lineups. New Tesla registrations in the EU, the UK,

Electric vehicle sales surged despite the overall drop, growing by 34% and reaching a 15% market share. BMW sold more EVs in the EU in January than Tesla, which saw a significant sales drop last month.

Electric vehicle (EV) adoption in Europe is increasing. One would expect that Tesla would be one of the biggest winners of such news. But the company’s sales are falling across most of its key markets.

One of several ways in which Tesla generates revenue is by selling emissions, or carbon credits, to other manufacturers. Tesla gets credit from a governing body (the EU, in this case) for every electric car it sells.

It appears that Tesla sales are slumping in the U.S., too. According to the California New Car Dealers Association, Tesla registered fewer cars in the state in all four quarters of 2024. California is the largest EV market in the U.S. Tesla sales fell by 8 percent in the fourth quarter and 12 percent for the whole year.

The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable them to buy fewer emission credits from Tesla and other all ...

Tesla emerged empty handed after Europe's new car market for EVs surged by 37% in January. Its sales plummeted 45% across the EU, Norway, Switzerland and the U.K., leading to its share shriveling to just 6% from 15% just 12 months earlier.

Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.

For the past two months, tech billionaire Elon Musk has promoted Germany’s far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country’s “only hope.