US trade war will hurt UK growth, Bank of England governor warns; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial news

Tesla’s share of the European car market has dropped again, following protests against the car maker’s CEO, Elon Musk.

Tesla’s market share in the European Union, the UK and the EFTA trade zone (Iceland, Liechtenstein, Norway, and Switzerland) fell to 2% in March, down from 2.9% in March 2024.