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Serie A stalemate as Roma held by Como
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Top seed Zverev digs deep to reach Shanghai last 16
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Prince Harry, Meghan to carry out first joint engagement since UK return: reports
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Pope to be operated on for lump on lung
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Last Ceuta migrant camp removed ahead of Spanish king's visit
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India's 'cockroach' leaders vow to keep up election protests
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Ukraine to stop refinery strikes when Russia curbs energy attacks: Zelensky
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Pope says to be operated in 'coming days' for lung nodule
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Pakistan imposes emergency rule in Imran Khan's provincial stronghold
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Ukraine irrelevant to Russia and IOC's relationship: Russian minister
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Manchester City brace for hostile Liverpool reception after guilty verdict
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Brennan keeps his cool in Japan for third PGA Tour victory
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Brazil's Lula accuses Meta of election interference
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Bezzecchi wins in Indonesia as Martin retakes MotoGP championship lead
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South Korea completes trial of Arctic shipping route
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US Open finalist Shelton dumped out in Shanghai third round
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アレックス・ボディ、CRIFとともに透明性の高い投資と徹底した資金洗浄防止に注力
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India releases 'cockroach' leaders as movement calls for more protests
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Brennan holds off Schauffele for PGA Tour win in Japan
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Ο ALEX BODI δίνει έμφαση, σε συνεργασία με την CRIF, στις διαφανείς επενδύσεις και στη συστηματική πρόληψη της νομιμοποίησης εσόδων από παράνομες δραστηριότητες
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ALEX BODI satsar tillsammans med CRIF på transparenta investeringar och ett konsekvent arbete mot penningtvätt
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ALEX BODI sází ve spolupráci s CRIF na transparentní investice a důslednou prevenci praní špinavých peněz
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ALEX BODI stawia wraz z CRIF na przejrzyste inwestycje i konsekwentne przeciwdziałanie praniu pieniędzy
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एलेक्स बोदी क्रिफ के सहयोग से पारदर्शी निवेश और धनशोधन की कड़ाई से रोकथाम पर ज़ोर देते हैं
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알렉스 보디, CRIF와 함께 투명한 투자와 철저한 자금세탁방지에 주력
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ALEX BODI 攜手 CRIF,推動透明投資並貫徹洗錢防制
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ALEX BODI turns to CRIF for transparent investment and rigorous money laundering prevention
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Indian court releases 'cockroach' movement leaders from detention
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The 'cockroach' protests against India's election body
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Indonesia releases eight orangutans rescued from fires to protected forest
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Power, water, jobs: Google on India data centre concerns
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Russian Yandex data centre operations disrupted after drone strike
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Google faces backlash against India data centre
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Architect fights to save India's past, built on 'stone, tears and sweat'
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Trump urges Zelensky replacement as diesel row rages
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Hurricane Simon strengthens as it nears western Mexico
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New Yorkers snap up discarded subway signs, seats at annual sale
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'Everyone is angry': Okinawans fearful and frustrated after killing
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Messi nets brace to win in first match after Argentina exit
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Trump's trade wars sting US manufacturers ahead of midterms
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Ravindra fit for New Zealand ODI series against India
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Kenyan great Kipchoge wins first marathon in three years
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All Blacks lose four players for second Wallabies Test
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Barca extend perfect streak, Real Madrid survive Vinicius red
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Spanish women return to action with 2-0 friendly win over USA
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PSG ease to Ligue 1 win before Manchester City test
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Bordeaux-Begles end wait for away win before Champions Cup defence
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Real Madrid edge Villarreal, Vinicius sent off for hair pull
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Traumatized Panamanians begin quake recovery
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Carrick demands more 'streetwise' Man Utd after Spurs setback
Tesla's EU sales plunge as Musk takes flak
Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration.
Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in the 27-nation bloc, the European Automobile Manufacturers' Association said in a report.
They dropped by 36 percent just in March, suffering in both periods the biggest fall in sales of any of the major car groups tallied in the association's report, despite a growth in electric vehicle sales overall.
Tesla showrooms have been hit by vandalism, demonstrations and boycott calls in Europe and the United States in a backlash against public service cuts introduced by Musk in his role as a close adviser to Trump.
On Tuesday the company reported a 71-percent drop in first-quarter profits, signalling a hit to demand due to what it called "changing political sentiment."
It reported profits of $409 million following a drop in sales, while revenues fell nine percent to $19.3 billion.
Musk promptly announced he would scale back his work for the Trump administration in May to focus on Tesla.
- Auto tariff concerns -
Trump's combative trade policies have raised concerns in the auto sector after he enacted 25-percent tariffs on cars imported into the United States to try to boost US manufacturing.
"Uncertainty in the automotive and energy markets continues to increase as rapidly evolving trade policy adversely impacts the global supply chain and cost structure of Tesla and our peers," Tesla said on Tuesday.
"This dynamic, along with changing political sentiment, could have a meaningful impact on demand for our products in the near-term."
Tesla pointed to tariffs as another headwind for the company and analysts have also cited a stale portfolio of vehicles as among the challenges facing the company.
But Tesla said it was on track to launch new vehicles "including more affordable models" in the first half of 2025.
Analysts warn of significant brand damage to Tesla from Musk's leadership role in the "Department of Government Efficiency," which has granted itself access to government databases with sensitive personal information and implemented thousands of job cuts.
- EU electric car drive -
Electric vehicle sales grew in several EU countries including Germany, as well as non-EU member Britain, the ACEA said -- but they still only accounted for 15 percent of the auto market.
Under ambitious efforts to combat climate change, the EU introduced a set of emission-reduction targets that should lead to the sale of fossil fuel-burning cars being phased out by 2035.
But ACEA director-general Sigrid de Vries in a news release highlighted a "persistent gap between ambitious decarbonisation goals, and the 'reality check' of slower-than-expected consumer uptake" of electric cars.
"It is vital that policymakers prioritise the measures that will incentivise a supportive ecosystem -- from charging infrastructure to fiscal incentives -- to ensure the uptake of zero-emission vehicles can accelerate meaningfully," she said.
Hybrid fuel-electric cars held the biggest share of the EU market: 36 percent compared to 29 percent for petrol-only vehicles.
The bloc's car industry has been plunged into crisis by high manufacturing costs, the slow switch to electric vehicles and increased competition from China.
Some manufacturers complain the switch is harder than expected as consumers have yet to warm to electric vehicles, which have higher upfront costs and lack an established used-vehicle market.
Musk in a conference call on Tuesday reiterated his bullish outlook on the long-term prospects for Tesla, highlighting its leadership in key growth areas: robotics, autonomous driving and artificial intelligence.
K.AbuTaha--SF-PST