Tesla stock is under fresh pressure after its European sales plunged by 49% in April 2025, even as overall EV demand rose.

Sales of the firm’s vehicles tumbled 49 to 7,261 in April from 14,228 in the same month the previous year, figures suggest.

Tesla's brand is the focus of a backlash against CEO Elon Musk for his political views and involvement with President Trump's DOGE.