Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Local sources report that a car bomb explosion has targeted the General Security headquarters near the Baniyas Court in the Tartous countryside, western Syria
Israeli artillery strikes target Khan Younis, the Gaza Strip.
Palestinian media: IOF arrest leader Jamal al-Tawil, who was liberated as part of the prisoner exchange, from his home in al-Bireh.
Palestinian media: 'Israel' launches two airstrikes on eastern Khan Younis, Gaza.
Al Mayadeen’s correspondent in Gaza: Israeli occupation forces carry out demolitions in eastern Gaza City.
Venezuelan Foreign Ministry: The National Armed Forces will remain on alert and mobilized in the face of this extremely dangerous provocation.
Venezuelan Foreign Ministry: This is not a defense exercise, but rather a military aggression aimed at turning the Caribbean into a space for violence and US hegemony.
Venezuelan Foreign Ministry: The government of Trinidad and Tobago has surrendered the country's sovereignty to act as a military colony serving US interests.
Rapid Support Forces attack El-Fasher, west Sudan.
Al Mayadeen correspondent: One martyr and one wounded in an Israeli drone attack on the town of Hafir, west of Baalbek, eastern Lebanon.

Tesla starts 2025 with sharp drop in sales in Europe: FT

  • By Al Mayadeen English
  • Source: Financial Times
  • 25 Feb 2025 13:54
  • 1 Shares
3 Min Read

Tesla CEO Elon Musk appears to be indicating that 2025 may be a modest year for the EV giant, with only limited growth in vehicle sales.

Listen
  • x
  • Elon Musk, who owns Twitter, Tesla and SpaceX, speaks at the Vivatech fair on June 16, 2023 in Paris. (AP)
    Elon Musk, who owns Twitter, Tesla, and SpaceX, speaks at the Vivatech fair on June 16, 2023, in Paris, France. (AP)

The Financial Times (FT) reported on Tuesday that Tesla sales dropped significantly in Europe in January, indicating a decline in demand for the company's vehicles following increased political involvement by its billionaire CEO, Elon Musk, in the region.

In January, the EV maker sold only 9,900 units in Europe, a more than 45% drop compared to the same period in 2024, according to the European Automobile Manufacturers’ Association. As a result, its market share of new car registrations fell to 1% from 1.8%.

The FT report mentioned that Tesla’s declining market share follows Elon Musk’s controversial involvement in EU politics, where he endorsed the far-right Alternative for Germany (AfD) ahead of the country's elections, drawing backlash across Europe.

Additionally, Musk criticized the EU, calling it "undemocratic" in November.

This decline occurred despite European consumers buying 166,000 battery EVs in January, a 37% increase compared to the same month last year.

Sales of pure EVs grew at a faster rate than all other vehicle types, while sales of petrol and diesel cars dropped by 20.5% and 26.5%, respectively.

Related News

EU agrees in principle on Ukraine funding deal despite Belgium threats

Europe firms agree on satellite merger to counter Starlink

The figures cover the EU, UK, and other markets, including Norway, which is one of Europe's largest EV markets.

Sales by SAIC Motor, the Chinese state-backed carmaker that has expanded into the EU and partnered with Audi in China, rose 37% to 23,000 vehicles in January, marking one of the largest year-on-year increases among major manufacturers in the region. Overall, new vehicle registrations across Europe dropped by 2.1% in January, totaling 995,271 units.

Read next: Musk's net worth hits below $400bln for first time in 2025

Tesla faces calls for boycott in Malaysia

On a related note, Tesla faced growing calls for a boycott in Malaysia due to Musk’s endorsement of Trump's plans to take over Gaza and permanently displace Palestinians. 

After Musk expressed support for Trump, Malaysians took to social media to criticize Tesla's latest Model Y "Juniper" car, even dubbing it a "swasticar," according to the South China Morning Post. The term gained traction after Musk was seen making a hand gesture resembling a Nazi salute during Trump’s inauguration.

Musk has since dismissed the claims about his gestures on X, stating his critics "need better dirty tricks" and expressing his exhaustion over being compared to Adolf Hitler.

The Edge Malaysia reported that amid growing calls for a boycott and concerns about Tesla's potential manufacturing plans in Malaysia, the EV giant's manufacturing plant remains under discussion. Investment, Trade, and Industry Minister Zafrul Abdul Aziz reportedly mentioned that Tesla may assess the commercial viability of setting up the plant, given the intensifying competition in both regional and domestic markets.

  • Europe
  • Tesla
  • Elon Musk

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Sheikh Naim Qassem speaks during an interview with Al-Manar TV, October 26, 2025 (Screenshot)
Politics

Hezbollah ready to face 'Israel' in case of war: Sheikh Naim Qassem

A Russian cargo train arrives at Astara Railway Wharf, March 2018 (IRNA)
Economy

Tehran, Moscow to finalize INSTC rail project next month

Iran's Parliament Speaker Mohammad Bagher Ghalibaf addresses the media after submitting his candidacy for the Islamic Republic's upcoming presidential election in Tehran on June 3, 2024 (AP)
Politics

UNSCR 2231 termination marks major win for Iran’s diplomacy: Qalibaf

ap
Politics

'Israel' killed 40 Palestinian children in West Bank since January: UN

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS