Tag TSLA

STORY: Tesla sales rose in Norway and Spain in June, an early sign that some are buying its newly-revamped Model Y vehicle.Tesla had seen sales plunge in recent months to multi-year lows in its key European markets as CEO Elon Musk's relationship with U.S. President Donald Trump and embrace of far-right politics in Europe led to protests against his company, as well as vandalism at its showrooms and charging stations.The EV maker has suffered six straight year-over-year losses in quarterly new registration volumes across Western Europe, according to data from Schmidt Automotive, which said Tesla was on track for a seventh straight year-on-year loss.Tesla had not launched a new mainstream model since 2020, while traditional automakers have been rushing to produce more affordable electric cars.Meanwhile, Chinese rivals, such as BYD, have been rapidly taking market share.But the revamped Model Y, which arrived in many European markets in May and June, has helped boost Tesla's fortunes.Sales in Norway spiked last month by 54% annually, with Model Y sales up 115%, results the head of the Norwegian Electric Vehicle Association called "impressive."And in Spain, June sales increased by 60% annually, with Model Y sales up nearly 130%.The June data comes amid a renewed dispute between Musk and Trump regarding the U.S. president's sweeping tax-cut and spending bill.Shares of Tesla were down more than 4% in Tuesday morning trading...

New car registrations in France slid 6.7% in June from a year earlier to 169,504 vehicles, data from French car body PFA showed on Tuesday. Tesla sales fell 10.04% to 3,646 vehicles last month. Since the beginning of the year, Tesla's sales have slumped by 39.59% while the French market overall has shrunk by 7.94% over the same period...

The stock market’s rally broadened on Tuesday after the Senate passed President Donald Trump’s signature tax bill. The Dow rose 500 points, or 1.1%. The S&P 500 was down less than 0.1%. The Nasdaq Composite, dragged down by struggles by Tesla and other high-flying AI stocks after a blockbuster second quarter, was down 0...

The chip maker's strong run at the end of the second quarter means it's now nearing a $4 trillion market valuation...

Senate leaders advanced President Trump's 'One Big Beautiful Bill' on Tuesday in a vote that moved the legislation one step closer to becoming law...

The feud between Elon Musk and President Donald Trump keeps on escalating. Trump threatened to withdraw government subsidies from Musk's companies. Musk has been stepping up his criticism of Trump's tax and spending bill. Ed Ludlow reports...

The S&P 500 and the Nasdaq Composite fell in late morning trading, while the Dow Jones Industrial Av...

The Dow was running away from the other major indexes on Tuesday, but it’s still down from its December high. The blue-chip index was up 400 points, or 0.9%. The S&P 500 was down 0.3%, while the Nasdaq Composite was down 1%...