src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8050569412065003" crossorigin="anonymous">[/script]

Tesla Europe sales plunge 49% as Elon Musk brand fallout continues newsthirst.

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop…

Read More

U.S. tariffs pose a ‘real challenge’ to Europe, Barclays CEO says newsthirst.

Barclays CEO C. S. Venkatakrishnan speak during the Barclays Sustainable Finance conference in New York City, U.S., March 19, 2024.  Brendan McDermid | Reuters Washington’s protectionist trade policies are posing a “real challenge” to European nations as they seek to raise their security contributions, according to Barclays CEO C. S. Venkatakrishnan. “I think Europe has…

Read More

Europe can assert itself as superpower amid tariffs: ECB’s Kazāks newsthirst.

The uncertainty around trade tariffs is complex but a period of uncertainty also provides Europe with an opportunity to assert itself as an economic and geopolitical superpower, the governor of the Bank of Latvia told CNBC Thursday. “With all this uncertainty and vulnerability, this is also the time of opportunities for Europe,” said Mārtiņš Kazāks,…

Read More