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Trump signs order reclassifying marijuana as less dangerous
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Brazil, Mexico seek to defuse US-Venezuela crisis
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Brussels farmer protest turns ugly as EU-Mercosur deal teeters
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US imposes sanctions on two more ICC judges for Israel probe
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ECB holds rates as Lagarde stresses heightened uncertainty
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Trump Media announces merger with fusion power company
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Stocks rise as US inflation cools, tech stocks bounce
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Zelensky presses EU to tap Russian assets at crunch summit
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Pope replaces New York's Cardinal Dolan with pro-migrant bishop
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France exonerates women convicted over abortions before legalisation
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UK teachers to tackle misogyny in classroom
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US consumer inflation cools unexpectedly in November
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Pope replaces New York's Cardinal Timothy Dolan with little-known bishop
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Spain to buy 100 military helicopters from Airbus
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US strike on alleged drug boat in Pacific kills four
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Thailand strikes building in Cambodia's border casino hub
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Protests in Bangladesh as India cites security concerns
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European stocks rise before central bank decisions on rates
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Tractors clog Brussels in anger at EU-Mercosur trade deal
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Nepal's ousted PM Oli re-elected as party leader
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British energy giant BP extends shakeup with new CEO pick
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Pulitzer-winning combat reporter Peter Arnett dies at 91
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EU kicks off crunch summit on Russian asset plan for Ukraine
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Sri Lanka plans $1.6 bn in cyclone recovery spending in 2026
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England vow to keep 'fighting and scrapping' as Ashes slip away
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'Never enough': Conway leans on McKenzie wisdom in epic 300 stand
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Most Asian markets track Wall St lower as AI fears mount
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Cambodia says Thailand bombs casino hub on border
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Thai queen wins SEA Games gold in sailing
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England Ashes dreams on life-support as Australia rip through batting
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Masterful Conway, Latham in 323 opening stand as West Indies wilt
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Tesla sales skid in Europe in May despite EV rebound
Tesla sales sank again in Europe last month as rising competition and Elon Musk's ties to US President Donald Trump cut into demand despite a growing electric car market, industry figures showed on Wednesday.
Sales of battery-electric vehicles jumped by 25 percent in Europe in May compared to the same month last year, according to the ACEA, the trade association of European car manufacturers.
Tesla, meanwhile, sold 40.2 percent fewer cars in May.
The drop in demand for Tesla cars has been linked to its ageing fleet, competition from European and Chinese rivals, and consumer distaste for Musk's work in the Trump administration.
Musk left his role as the US government's cost-cutter at the end of May and had a public falling-out with Trump earlier this month over the US president's spending bill.
During the first five months of 2025, Tesla sales fell 45.2 percent from the same period last year.
The US company's market share of Europe's total automobile market has fallen to 1.1 percent from two percent last year.
Tesla's slump comes as EV sales in Europe rebounded by 26.1 percent in the first five months of the year.
Battery-electric cars accounted for 15.4 percent of all cars sold in May, up from 12.1 percent in the same month last year.
The EV market share is "still far from where it needs and was expected to be", said ACEA chief Sigrid de Vries.
The EU aims to end sales of new internal combustion engine cars in 2035, but high prices and a perceived lack of charging infrastructure have given consumers pause.
"Consumer reluctance is by no means a myth, and we need to incentivise a supportive ecosystem -- from charging infrastructure to fiscal incentives -- to ensure the uptake of battery-electric models can meaningfully accelerate," added de Vries.
Overall, car sales rose by 1.6 percent in Europe last month, but were down by 0.6 percent in the first five months of the year.
R.Adler--BTB