Tesla falls, just like its European sales

Tesla is trading down 1.5% premarket on news that sales continue to plummet across Europe — what CEO Elon Musk has called “our weakest market.” In May, Tesla sales were down double digits in Portugal, France, Sweden, the Netherlands, Denmark, and Spain, Reuters reports.

These numbers follow a terrible first quarter and first month of the second quarter in Europe. Tesla’s sales on the continent this year through April were the lowest they’ve been since 2022.

Norway, however, provided a rare exception to the dismal European data. There, Tesla sales rose 213% to 2,600.

Tesla's European sales rout continues but new Model Y boosts Norway deliveries

Norway, however, provided a rare exception to the dismal European data. There, Tesla sales rose 213% to 2,600.

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Report: Microsoft weighs Xbox spin-off amid major overhaul

Microsoft is reportedly considering spinning out or restructuring its struggling Xbox unit, per The Information. While new Xbox CEO Asha Sharma, who took over in February, is preparing for layoffs, she’s simultaneously planning to boost investment in its biggest franchises like “Halo,” “Fallout,” and “Minecraft.”

The latest potential shake-up comes as the gaming division battles major headwinds, following a massive 33% plunge in Q3 console sales and a recent move to slash Game Pass prices while removing new “Call of Duty” titles.

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