New Tesla sales in Spain drop 36% in April despite EV sales surge
Over the first four months of 2025, sales of Teslas in Spain fell 17% over the same period a year earlier, while sales of electrified vehicles, a category that includes both fully electric vehicles and hybrids, were up 54%.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Sales of Teslas have dropped in Europe as the manufacturer owned by billionaire Elon Musk faces increased competition from European and especially Chinese EV brands.
Musk's embrace of far-right politics in Europe has also led to protests against him and the company, as well as vandalism at its showrooms and charging stations across the U.S. and Europe.
Musk said two weeks ago he would cut back on the time he devotes to the Trump administration and spend more time running Tesla.
In Spain, sales of Chinese automakers BYD, MG and Omoda were up 644%, 80% and 346% so far this year, respectively, ANFAC's report showed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mirror
8 minutes ago
- Daily Mirror
Keir Starmer urged to give tourist tax powers to local leaders to boost public services
Greater Manchester Mayor Andy Burnham has previously called for a mandatory 'tourist levy' for those visiting the city with Edinburgh already set to introduce a charge Keir Starmer should give local leaders powers to impose tourist taxes to help fund cash-strapped public services, a new report says. The Autonomy think-tank warns councils across the country lack the powers to respond to the strain on infrastructure caused by tourism. The report's authors say they should be able to establish "tourist taxes", which already exist in some areas of European holiday hotspots including Spain and France. They say: "Such a tax would begin to undo the heavy toll that UK Government austerity has heaped upon local councils over the last decade." It also calls for an "English right to roam" covering woodlands, rivers and the green belt. It follows a warning to Brit tourists planning all-inclusive holidays to Spain. Greater Manchester Mayor Andy Burnham has previously called for a mandatory "tourist levy" for those visiting the city with Edinburgh already set to introduce a charge to raise up to £50million-per-year from July 2026. There are also reports Deputy PM Angela Rayner has been pushing for councils to be allowed to tax tourism. But recently No10 said there are "no plans" for a tourist tax in England. "We have previously said there's no plans to introduce a tourism tax in England," the Prime Minister's official spokesman said. They added: "Places can already choose to introduce a levy on overnight stays through working with their local tourism sector, using the accommodation Business Improvement District model. "Tourism obviously plays an important role in the UK's economy. Inbound tourism is the UK's third largest service export. The UK is the seventh most-visited country in the world, and we're committed to continuing to support the sector." Will Stronge, Chief Executive at the Autonomy Institute, told The Mirror: "Tourism must no longer be treated as an extractive industry built on carbon-intensive travel and precarious labour. "That's why we're calling for, amongst other things, the introduction of a local tourist tax: a fair, targeted measure that would fund the maintenance of public services and protects natural environments. "It empowers communities to invest in the infrastructure they sustain but too often see exploited for private gain. This is a vital step toward reducing over-tourism, restoring democratic control, and ensuring that leisure contributes to - rather than undermines - climate and social goals."
Economist
8 minutes ago
- Economist
Cash-trapped (part 1): saving amid a property crisis
Open up the balance sheet of a typical Chinese household, and you will see plenty to worry about on both sides of the ledger. Household debt is higher than it was a decade ago, while savings are concentrated in bank deposits or bricks and mortar. This conservative approach to saving may have worked in the past—but now it's showing signs of strain amid a faltering property market, stagnant wages and growing debt distress. In a two-part series, we're asking Chinese families, young professionals and business owners about their money troubles. This week, Jiehao Chen, The Economist 's China researcher, and Simon Cox, our China economics editor, explore how the dream of security through home ownership became a nightmare.
Reuters
37 minutes ago
- Reuters
Exclusive: Trump administration to formally axe Elon Musk's 'five things' email
WASHINGTON, Aug 5 (Reuters) - The Trump administration plans as soon as Tuesday to formally axe a program launched by billionaire former Trump adviser Elon Musk requiring federal employees to summarize their five workplace achievements from the prior week, two people familiar with the matter said. The Office of Personnel Management, the federal human resources agency that implemented Musk's push to slash the federal workforce, plans to announce the end of the "five things" email to HR representatives across the federal government later on Tuesday, the two people said, declining to be named because the matter was not public. While many federal agencies had already phased out compliance with the weekly email, the move, not previously reported, signals the Trump administration is turning the page on one of Musk's most unpopular initiatives following a dramatic row between the two men in early June. The White House and OPM did not immediately respond to requests for comment. Musk, who spent over a quarter of a billion dollars to help Trump win November's presidential election, led the Department of Government Efficiency's efforts to slash the budget and cut the federal workforce until his departure in May to refocus on his tech empire. Musk initially received a warm White House sendoff from Trump, but then incurred the president's wrath by describing Trump's tax cut and spending bill as an abomination. Trump pulled the nomination of Musk ally and tech entrepreneur Jared Isaacman to lead NASA and later threatened to cancel billions of dollars worth of federal contracts with Musk's companies after the blowup between the two men. The "five things" email, launched by Musk in February to boost accountability, sparked tensions with department chiefs who were blindsided by the weekend email mandating the move. It also fueled confusion among government workers who received mixed messages about whether and how to comply. Reuters reported in March that the White House installed two Trump loyalists at OPM to ensure better policy coordination between the White House and the agency. Scott Kupor, a venture capitalist who took the helm at OPM in July, foreshadowed the end of the initiative last month, describing processing of the weekly response emails as "very manual" and "not efficient." It is "something that we should look at and see, like, are we getting the value out of it that at least the people who put it in place thought they were," he said.
