Business
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Tom Jones
3/25/25

New data shows Tesla sales dropped 40% across Europe in February, down 47% within the EU itself

From San Diego to Stuttgart, it’s starting to feel like you could throw a dart at a world map and guarantee, with some level of certainty, that Tesla sales are slumping there in 2025.

Elon Musk’s electric vehicle company has seen sales in Europe tank for the second month in a row this year, as new data reveals Tesla registrations on the continent fell from 28,182 in February last year to just under 16,888 last month — a 40.1% fall. While that figure includes the UK and other markets, the drop was even steeper across European Union nations, where sales slipped some 47%, per the European Automobile Manufacturers’ Association.

While the February fall might have been slightly more palatable than the 45% year-on-year drop in January, it still doesn’t make great reading for execs, for whom a slew of new models can’t come soon enough. Especially as competition from the likes of BMW, Volkswagen, and Chinese EV makers heats up on, and beyond, the continent.

Though Tesla shares were ripping yesterday, as investors allowed themselves to get a little excited about potential tariff relief and new smart driving assistance tech in China, the stock is still down 31% for the year so far.

While the February fall might have been slightly more palatable than the 45% year-on-year drop in January, it still doesn’t make great reading for execs, for whom a slew of new models can’t come soon enough. Especially as competition from the likes of BMW, Volkswagen, and Chinese EV makers heats up on, and beyond, the continent.

Though Tesla shares were ripping yesterday, as investors allowed themselves to get a little excited about potential tariff relief and new smart driving assistance tech in China, the stock is still down 31% for the year so far.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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