CEO Elon Musk says lower-cost electric car will reignite demand by appealing to broader range of buyers

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Tesla has launched the lower-priced version of its Model 3 car in Europe in a push to revive sales after a backlash against Elon Musk’s work with Donald Trump and weakening demand for electric vehicles.

Musk, the electric car maker’s chief executive, has argued that the cheaper option, launched in the US in October, will reinvigorate demand by appealing to a wider range of buyers.

Streaming service to gain control of studio behind Harry Potter and Batman, as well as HBO, home to The White Lotus and Game of Thrones

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Netflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.

The streaming company will take control of WBD’s prize assets such as Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession.