EconomyLens.com
No Result
View All Result
Tuesday, March 17, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Tesla sales plunge further in France, down 59% in April

Andrew Murphy by Andrew Murphy
May 1, 2025
in Economy
Reading Time: 4 mins read
A A
0
23
SHARES
292
VIEWS
Share on FacebookShare on Twitter

Analysts say that Musk's prominent role close to Trump is a likely factor in the sharply lower Tesla sales in Europe. ©AFP

Paris (AFP) – Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run by Elon Musk, the billionaire advisor to US President Donald Trump. French car body PFA, which compared registration figures from April with the same month last year, also said that since the beginning of 2025, there were 7,556 Tesla registrations in France, 44 percent lower than for the same period in 2024.

Related

Israel vows to find and ‘neutralise’ Iran’s new supreme leader

SAS cancels flights after fuel prices surge

War fuels fears of new oil crisis

EU to help reopen blocked oil pipeline in Ukraine

Germany targets oil firms to prevent wartime price gouging

The dive in the EU’s third-biggest car market follows first-quarter data from the European Automobile Manufacturers’ Association (ACEA) that showed Tesla sales had slumped 45 percent across the bloc. Analysts say that Musk’s prominent role close to Trump is a likely factor in the sharply lower Tesla sales in Europe. Musk has become known for axing US federal agencies and programmes, including those for overseas aid — and for twice making a gesture in a Trump inauguration rally that historians said looked like a Nazi salute.

The billionaire has said he plans to step back from his role as the unofficial head of Trump’s cost-cutting “Department of Government Efficiency” to focus more on Tesla. The Wall Street Journal on Wednesday reported that Tesla’s board had begun procedures several weeks ago to find a successor to Musk as CEO.

The decline in Tesla sales in France came against a backdrop of stagnating electric-vehicle sales in the country in April. Overall car sales shrank by 5.64 percent, with a total 139,000 registrations. The head of the PFA, Nicolas Le Bigot, said: “We are at a worrying level in the market, which is very low compared to the pre-Covid period.” He attributed the decline to “a situation of economic uncertainty” for French buyers.

“All that is amplified by uncertainties linked to the trade war that Trump has brought to all countries” with his US tariffs, he said. PFA said that, for overall car sales in April, the US-European Stellantis group that makes Jeep, Peugeot, Fiat and Maserati vehicles saw registrations slump 12 percent. Renault sales were up two percent, and Volkswagen registrations were down by 8.5 percent.

© 2024 AFP

Tags: electric vehiclesElon MuskTesla
Share9Tweet6Share2Pin2Send
Previous Post

Tariffs prompt Bank of Japan to lower growth forecasts

Next Post

Tariffs prompt Bank of Japan to lower growth forecasts

Andrew Murphy

Andrew Murphy

Related Posts

Economy

Migrant workers bear brunt of Iran attacks in Gulf

March 17, 2026
Economy

Talks towards international panel to tackle ‘inequality emergency’ begin at UN

March 17, 2026
Economy

Stagflation risk in US ‘quite high’: Nobel-winning economist Stiglitz

March 17, 2026
Economy

Iran warns against wider war as Trump asks allies to escort ships

March 15, 2026
Economy

Trump says US not ready to agree deal to end Iran war

March 15, 2026
Economy

US Fed expected to hold rates steady as Iran war roils outlook

March 16, 2026
Next Post

Tariffs prompt Bank of Japan to lower growth forecasts

Nuclear power sparks Australian election battle

US economy unexpectedly shrinks, Trump blames Biden

Oil prices drop, stocks diverge amid economic growth fears

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

96

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US, European stocks rise despite latest jump in oil prices

March 17, 2026

Israel vows to find and ‘neutralise’ Iran’s new supreme leader

March 17, 2026

Iran vets friendly ships for Hormuz passage: trackers

March 17, 2026

War in the Middle East: latest developments

March 17, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.