When a Downturn Comes, Will Republicans Acknowledge It?
Ultimately, however, Antoni himself is uninteresting. He's just another unqualified Trump nominee. His nomination is worth paying attention to, however, because it illustrates the twin perils facing the economy: the coming slowdown, and a party that refuses to acknowledge it.
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Ethereum ETF Inflows Outperform Bitcoin for the Third Day Straight
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Sculpt By Science Unveils Exclusive Program to Empower CEOs and Entrepreneurs with Peak Performance
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Media Contact: Dr. Michael Gino DiamondsFounder & CEO, Sculpt By ScienceEmail: mikediamonds23@ Website: @DoctorMikeDiamondsInstagram: @ Disclaimer: This press release is provided by Sculpt By Science. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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'Tesla shame' bypasses Norway as sales jump despite Musk's politics
By Marie Mannes SKI, Norway (Reuters) -Like many Norwegians, Espen Lysholm is not a fan of Elon Musk these days, uncomfortable with the world's richest man's lurch into right-wing politics. He does, however, love Musk's cars. "I'll be honest that it's a bit of a double-edged sword having a Tesla," said Lysholm, who bought a Model Y in May - his third new Tesla in less than a decade. Musk's politics - he helped bankroll Donald Trump's U.S. election win last year and has championed European far-right parties - have sparked a fierce consumer backlash. But while that anger has provoked acts of vandalism against Tesla cars and dealerships and pushed once loyal customers, particularly in Europe, to ditch the brand, sales in tiny Norway are booming, at least for now. "I did think a bit around all that's going on with the company and the brand," said Lysholm, who works at a cartech company in the city of Trondheim. 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In 2021, Tesla took the title of the country's leading car brand outright and has accounted for between 11% and 20% of total new car registrations in each of the last five years. That dominance, however, is now being challenged. Volkswagen temporarily seized the top spot in the first quarter. Volvo Cars' EV offering is also fast winning over Norwegian drivers. And Chinese manufacturers, including BYD, XPeng and SAIC Motor's brand MG, together seized a 12.3% share of new sales in June. BOYCOTT TO SAVE Tesla is, for now, successfully fending off the growing threats to its crown in Norway and overcoming the popular disenchantment with CEO Musk. New Tesla registrations dipped 4% last year and the early months of 2025 were marked by subdued sales. But Norwegians snapped up its refreshed Model Y SUV, which first came out in March, as well as a lower-priced version released in May. "Having the ease of operation, having a car that fulfills your needs and for a very affordable price, that is much more important to the Norwegian car buyer than dealing with Tesla shame," said Oyvind Solberg Thorsen, head of the Norwegian Road Federation (OFV). A promotional blitz that saw Tesla offer zero-interest financing and free supercharging in May likely contributed to a 213% spike in Tesla's new car registrations. "It's practically free money, so I jumped at it," Lysholm said. The same promotion did not prevent steep sales declines in Nordic neighbours Sweden and Denmark, however, where no Tesla models cracked the list of top-10 sellers in July, according to OFV. The big question for Tesla is whether Norwegians' loyalty to the brand will last. Research from polling agency Norstat published in February showed that 40% of Norway's Tesla owners believe Musk's political activism is hurting the brand, though more than half of Tesla owners polled said they intended to buy another Tesla. Odd Bakken, a Tesla owner since 2014 who once admired Musk as a visionary, won't be one of them. Driving his Model S from Oslo to his home in the southern town of Ski, he told Reuters he still loves the technology. "Tesla was the first electric car that was actually a good car," said Bakken, who at one point sat on the board of the Norwegian Tesla owners club. It was a two-way relationship, with Tesla posting pictures on its social media of Bakken's Model S on a 2014 trip to northern Norway. But after Musk moved to back Trump and rally behind political movements like Germany's far-right Alternative for Germany, he decided Norwegians needed to show their displeasure via their pocketbooks and convince the company to push him out. "To save Tesla, we need to boycott Tesla," he said. That doesn't mean he wouldn't buy a second-hand model though. "Because the company doesn't benefit from us buying their used cars," he said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
