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Tesla sales decline sharply amid political backlash and rising competition
Tesla's vehicle registrations in the EU plummeted 49% in January and February 2025, amid backlash against CEO Elon Musk's political activities and increasing competition from Chinese electric vehicle brands. The company's market share fell to 9.6%, its lowest in five years, as it phases out the Model Y for a refreshed version. Investor concerns grow over Musk's impact on brand value, with calls for his removal from the CEO position.
tesla faces sales challenges amid changing ev policies and market pressures
Wall Street analysts predict Tesla's 2025 vehicle sales will grow at a slower pace than Elon Musk's projections, estimating a 16% increase to 2.07 million units amid potential rollbacks of EV incentives under President Trump. Concerns over competition, an aging product lineup, and the impact of high prices on the EV market further complicate Tesla's outlook, despite optimism surrounding its advancements in artificial intelligence and autonomous driving technology.
european utilities face earnings decline amid changing power prices and investments
The LNG market is set to increase supply, particularly from the US, with a projected 15% rise in production. European utilities are expected to see a 3% EBITDA decrease in 2024, with a further 2% decline in 2025, while pure grid operators will benefit from a 6% EBITDA growth due to supportive regulatory frameworks and expanding asset bases.
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