Tesla’s sales in Germany and the UK dropped to their lowest levels in over two years in April, reflecting rising competition and backlash against Elon Musk.
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Germany’s DAX surpassed 20,000 points, a record high, even as the country’s economy faces recession, job cuts, and political instability, reflecting strong investor confidence in global markets.
Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives.
Olaf Scholz loses Bundestag vote, prompting early elections in February 2025, as CDU’s Friedrich Merz leads polls amid political instability and economic challenges in Germany.
Volkswagen warns of potential German plant closures as economic challenges mount, drawing sharp criticism from unions.