Latest news with #Norwegians'
Yahoo
5 days ago
- Automotive
- Yahoo
Tesla Sales Are Falling Worldwide... Except One Country Where They're Spiking
Tesla sales are continuing their decline worldwide. The carmaker is still grappling with the severe damage CEO Elon Musk has dealt to its brand following an incredibly unpopular embrace of far-right ideologies and a chaotic pay-for-play attempt to gut the federal government's budget. Sales figures, particularly in Europe and China, are looking grim. The carmaker sold 15 percent fewer cars in China last month than a year earlier, as Reuters reports. Across Europe, sales are still in freefall, dropping 36 percent in Germany and 45 percent in the UK — despite a significant rise in EV registrations in May. But one European nation, interestingly, is bucking the trend. Tesla sales in Norway have surged a massive 213 percent year over year — primarily the result of the brisk sales of the company's latest version of its Model Y SUV, which was released earlier this year. "The Tesla Model Y has sold well and is popular in Norway, likely because it is good value for money and because it meets Norwegians' needs for large luggage space, high ground clearance, all-wheel drive, and a tow hitch," Norwegian EV Association secretary general Christina Bu told CNBC. EV incentives are also still widely available, making electric car ownership in the Scandinavian nation highly lucrative. (Norway, though progressive in many regards, also has a long history of white nationalism that could be driving sympathy for some of Musk's most extreme beliefs.) Despite the spike in sales, though, it's likely Tesla's sales in Norway would actually be better without Musk's provocations. "As many as 43 percent stated that they would not buy a Tesla for political reasons," Bu said. "We can therefore only speculate how much Tesla would have sold without Musk's support for the MAGA movement and the Trump administration." And Norway is still an extreme outlier as Tesla's crisis continues to deepen. The carmaker's first-quarter earnings were even worse than analysts feared, revealing back in April that its net income had slid an astonishing 71 percent since the first quarter of last year. The company is also still reeling from Donald Trump's tariffs, which have driven up costs of imported auto parts, a reality that seemingly only dawned on Musk after he came by the company for a visit in late April. Meanwhile, Musk has bet the future of the company on the establishment of a fully autonomous robotaxi ride-hailing service and a humanoid robot, dubbed Optimus. But given the largely unfinished and potentially fatally flawed driver assistance software the company's still working on, it's unlikely service will expand any time soon beyond a handful of human driver-supervised vehicles in a suburb of Austin, Texas. The competition, particularly in China, is also really starting to heat up. Chinese EV maker BYD eclipsed Tesla by passing the $100 billion mark in revenue last year, showing that Musk has his work cut out for him to keep his carmaker alive. More on Tesla: Tesla Employees Startled by Elon Musk's Confusion When He Returned to Tesla 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
CNBC
02-06-2025
- Automotive
- CNBC
Why Tesla sales are rebounding in Norway while Europe lags
Tesla's sale of new cars in Norway skyrocketed 213% in May from a year ago, according to official registration data, bucking a downward trend across Europe. Tesla car sales in Norway jumped to 2,600 last month, data from the Norwegian Road Federation (OFV) showed on Monday, up from 832 over the same period a year earlier. The increase was primarily driven by sales of the firm's revamped Model Y compact sport utility vehicle. The U.S. electric vehicle (EV) maker's European sales have recently suffered from a sharp decline amid reputational damage, in large part due to CEO Elon Musk's incendiary rhetoric and political activities. Industry groups on Monday reported significantly lower May sales for new Tesla vehicles in Spain, Portugal, Denmark and Sweden. Christina Bu, secretary general of the Norwegian EV Association (NEVA), which represents electric car owners in the country, said the Tesla Model Y appeared to be popular nationwide, noting that the automaker's recent price campaigns. "The Tesla Model Y has sold well and is popular in Norway, likely because it is good value for money and because it meets Norwegians' needs for large luggage space, high ground clearance, all-wheel drive, and a tow hitch," Bu told CNBC via email. In a recent NEVA survey of more than 15,000 EV drivers, however, Bu said that the majority of respondents said that politics does influence their choice of car brand. "As many as 43 percent stated that they would not buy a Tesla for political reasons. We can therefore only speculate how much Tesla would have sold without Musk's support for the MAGA movement and the Trump administration," Bu said. Last week, the European Automobile Manufacturers' Association, or ACEA, reported a 49% drop in overall European sales of Tesla vehicles in April, citing rising competition and brand damage. Musk spent nearly $300 million to the campaign for the re-election of U.S. President Donald Trump, and he has also led an initiative for the Trump administration to slash federal agencies. Protests erupted at Tesla dealerships across Europe in response. Rico Luman, senior sector economist for transport and logistics at Dutch bank ING, described Tesla's latest monthly car sales data in Norway as "quite remarkable," noting that last month's figures in the Netherlands also showed a month-on-month bounce back. "In Norway EV-incentives are still abundantly available, making it almost a no-brainer to buy a BEV if possible. This is a general benefit, but this has also contributed to this surge," Luman told CNBC by email. Norway has long been recognized as a global leader in sustainable transportation, and it is currently on track to become the first country in the world to effectively erase gasoline and diesel cars from its new car market. Lawmakers and analysts have attributed the country's shift away from internal combustion engine (ICE) vehicles to long-term and consistent policies designed to support the uptake of EVs. Some of Norway's EV incentives include a VAT exemption, discounts on road and parking taxes and access to bus lanes. The government has also heavily invested in public charging infrastructure, and many Norwegian households are able to charge their cars at home. ING's Luman attributed Tesla's rebound in new car sales in Norway to the firm's revamped model Y SUV, suggesting that a first batch of deliveries appears to have taken place in May, with more coming in June. "This also shows that customers pushed back new Tesla orders to await the new edition, explaining part of the setback in the first months of the year," he added. Tesla continues to battle rising competition from traditional automakers, as well as Chinese players. Auto giant BYD, for instance, was recently found to have sold more pure electric cars in Europe than Tesla for the first time. Rella Suskin, equity analyst at Morningstar, said that there appears to be a strong correlation between the market share of Chinese car brands across Europe and battery EV adoption rates. "In fact, Norway has the highest battery electric vehicle adoption rate as well as the highest share of Chinese vehicles, excluding Russia. This could correlate with the pick-up of Tesla's in the region, as we can see there is a clear market demand for electric cars," Suskin told CNBC over email.
Yahoo
09-05-2025
- Sport
- Yahoo
The joke is about to be on everyone bar Spurs or Manchester United
Manchester United and Tottenham Hotspur have given Football Daily plenty of ammunition over the years, but with both sealing their place in a European final on Thursday with comfortable victories in their respective semi-finals, this is not meant to be a snide missive about their latest achievements. Sure, Athletic Club can only recruit players from an area the size of Wales, were missing their first-choice centre-back Dani Vivian through suspension, their best three attacking players through injury (Iñaki and Nico Williams, plus Oihan Sancet), were 3-0 down from the first leg and still gave United's band of global internationals a frightful scare by taking a first-half lead at Old Trafford. But fair play to United, they roared back in the second half, and ended as comfortable winners, 4-1 on the night and 7-1 on aggregate. In reaching the final, Ruben Amorim has a real and tangible reason to be proud of his team, and it's also nice to see Mason Mount being good at football again. And sure, Bodø/Glimt's total transfer spend last summer (€7m) was just over 10% of the fee Tottenham paid for Dominic Solanke (Bodø also sold players last summer for a total of €18.6m, a profit of more than €11m), and the Norwegians' stadium has a capacity that would make them the 16th largest ground in League Two, but genuine credit should be given to Spurs for succeeding in the Arctic Circle where others have failed – this season Porto, Besiktas, Maccabi Tel Aviv, Olympiakos and Lazio have all been beaten by Bodø in Bigger Vase. Tottenham put in a professional display and deserve their place in the final. Chapeau. Ange Postecoglou has a big opportunity now to do one of the least Spursy things of all time by winning this major trophy, a result that would also probably mean the Australian keeps his job and delivers on that much-mocked promise of flamin' silverware in his second season. 'If it's so easy to get to a final, then why doesn't everyone who finishes in the top three do it?' barked Postecoglou. 'It's going to upset a lot of people isn't it? Who cares if we're struggling in the league? It's a separate thing. It's got nothing to do with league form. I couldn't care less who's struggling and who's not. I think both us and Manchester United have earned the right to be there. 'I love winning,' continued Postecoglou, ignoring his own comments on Spurs' league form in the paragraph above. 'That's what I've done my whole career. People will dismiss it, that's fine. We've been losing players, key players, and yet they've still found a way to stick together. That gives me the belief that the challenge we have of trying to overcome a tough opponent in a massive game.' At least the two finalists will be evenly matched. Despite their much maligned Premier League campaigns, Manchester United (15th) and Tottenham (16th) are just one game away from a European trophy and the riches of Bigger Cup qualification. Just think how many Old Trafford staff lunches that could potentially pay for. Tottenham might even be able to renew Fraser Forster's £75,000-a-week contract. From the bottom of Football Daily's can of Tin, good luck to both teams in the final. Join Yara El-Shaboury from 8pm BST for hot Championship playoff semi-final minute-by-minute coverage of Coventry 0-0 Sunderland. 'It's not the moment to talk about the future. Now we know, we want to have a proper farewell on Sunday for some players and for myself. We have to enjoy this moment with mixed emotions. We can be happy and proud of what we have achieved during this time. I'm very thankful from the first day to the last one. You've got the announcement finally after chasing it' – Xabi Alonso announces his departure from Bayer Leverkusen at the end of the season (and has a jab at hacks doing their jobs), paving the way for a widely expected move to Real Madrid. Re: yesterday's Football Daily. Can I suggest that after Arsenal provide a guard of honour on Sunday, Liverpool repay the compliment twice to acknowledge the titles Arsenal would have won in the last two seasons if it wasn't for the pesky 'team with the greatest number of points is first' nonsense?' – Dominic Hodgson. One point that yesterday's Football Daily omitted – Arsenal got further in Bigger Cup than rivals Liverpool, Aston Villa, and Manchester City. I rather suspect that Mikel Arteta would be mildly pleased if you now referred to the semi-finals as the new 'Round of Arsenal'' – Mike Wilner. Apologies to anyone who watched Salford (yesterday's Class of 25, full email edition) in the Northern Premier back in the day, but Salford City? Salford City? The answer to the problems with football in that area of Manchester is Salford City? I'm no fan of FC United, to be honest (the angst is wearing), but if jaded millionaires really wanted to make a statement and pose an existential crisis to the club that made them and yet is tanking under a leveraged buyout, there was one obvious choice. But no, they went for the vanity-stroking path of high fives with Tom Brady and Ryan Reynolds in a dull Netflix documentary about the Championship playoff struggle. Tell me, one Salford fan, that you view United as an actual rival, and don't just check your phone for updates about Josuha Zirkzee' – Jon Millard. Send letters to Today's prizeless letter o' the day winner is … Dominic Hodgson. Terms and conditions for our competitions, when we run them, can be viewed here. This is an extract from our daily football email … Football Daily. To get the full version, .
Yahoo
09-05-2025
- Sport
- Yahoo
The joke is about to be on everyone bar Spurs or United
THE FULL ENGLISH Manchester United and Tottenham Hotspur have given Football Daily plenty of ammunition over the years, but with both sealing their place in a European final on Thursday with comfortable victories in their respective semi-finals, this is not meant to be a snide missive about their latest achievements. Sure, Athletic Club can only recruit players from an area the size of Wales, were missing their first-choice centre-back Dani Vivian through suspension, their best three attacking players through injury (Iñaki and Nico Williams, plus Oihan Sancet), were 3-0 down from the first leg and still gave United's band of global internationals a frightful scare by taking a first-half lead at Old Trafford. But fair play to United, they roared back in the second half, and ended as comfortable winners, 4-1 on the night and 7-1 on aggregate. In reaching the final, Ruben Amorim has a real and tangible reason to be proud of his team, and it's also nice to see Mason Mount being good at football again. Advertisement And sure, Bodø/Glimt's total transfer spend last summer (€7m) was just over 10% of the fee Tottenham paid for Dominic Solanke (Bodø also sold players last summer for a total of €18.6m, a profit of more than €11m), and the Norwegians' stadium has a capacity that would make them the 16th largest ground in League Two, but genuine credit should be given to Spurs for succeeding in the Arctic Circle where others have failed – this season Porto, Besiktas, Maccabi Tel Aviv, Olympiakos and Lazio have all been beaten by Bodø in Bigger Vase. Tottenham put in a professional display and deserve their place in the final. Chapeau. Ange Postecoglou has a big opportunity now to do one of the least Spursy things of all time by winning this major trophy, a result that would also probably mean the Australian keeps his job and delivers on that much-mocked promise of flamin' silverware in his second season. 'If it's so easy to get to a final, then why doesn't everyone who finishes in the top three do it?' barked Postecoglou. 'It's going to upset a lot of people isn't it? Who cares if we're struggling in the league? It's a separate thing. It's got nothing to do with league form. I couldn't care less who's struggling and who's not. I think both us and Manchester United have earned the right to be there. 'I love winning,' continued Postecoglou, ignoring his own comments on Spurs' league form in the paragraph above. 'That's what I've done my whole career. People will dismiss it, that's fine. We've been losing players, key players, and yet they've still found a way to stick together. That gives me the belief that the challenge we have of trying to overcome a tough opponent in a massive game.' At least the two finalists will be evenly matched. Despite their much maligned Premier League campaigns, Manchester United (15th) and Tottenham (16th) are just one game away from a European trophy and the riches of Bigger Cup qualification. Just think how many Old Trafford staff lunches that could potentially pay for. Tottenham might even be able to renew Fraser Forster's £75,000-a-week contract. From the bottom of Football Daily's can of Tin, good luck to both teams in the final. LIVE ON BIG WEBSITE Join Yara El-Shaboury from 8pm BST for hot Championship playoff semi-final minute-by-minute coverage of Coventry 0-0 Sunderland. QUOTE OF THE DAY 'It's not the moment to talk about the future. Now we know, we want to have a proper farewell on Sunday for some players and for myself. We have to enjoy this moment with mixed emotions. We can be happy and proud of what we have achieved during this time. I'm very thankful from the first day to the last one. You've got the announcement finally after chasing it' – Xabi Alonso announces his departure from Bayer Leverkusen at the end of the season (and has a jab at hacks doing their jobs), paving the way for a widely expected move to Real Madrid. FOOTBALL DAILY LETTERS Re: yesterday's Football Daily. Can I suggest that after Arsenal provide a guard of honour on Sunday, Liverpool repay the compliment twice to acknowledge the titles Arsenal would have won in the last two seasons if it wasn't for the pesky 'team with the greatest number of points is first' nonsense?' – Dominic Hodgson. One point that yesterday's Football Daily omitted – Arsenal got further in Bigger Cup than rivals Liverpool, Aston Villa, and Manchester City. I rather suspect that Mikel Arteta would be mildly pleased if you now referred to the semi-finals as the new 'Round of Arsenal'' – Mike Wilner. Apologies to anyone who watched Salford (yesterday's Class of 25, full email edition) in the Northern Premier back in the day, but Salford City? Salford City? The answer to the problems with football in that area of Manchester is Salford City? I'm no fan of FC United, to be honest (the angst is wearing), but if jaded millionaires really wanted to make a statement and pose an existential crisis to the club that made them and yet is tanking under a leveraged buyout, there was one obvious choice. But no, they went for the vanity-stroking path of high fives with Tom Brady and Ryan Reynolds in a dull Netflix documentary about the Championship playoff struggle. Tell me, one Salford fan, that you view United as an actual rival, and don't just check your phone for updates about Josuha Zirkzee' – Jon Millard. Advertisement Send letters to Today's prizeless letter o' the day winner is … Dominic Hodgson. Terms and conditions for our competitions, when we run them, can be viewed here. RECOMMENDED LISTENING Football Weekly (bonus)? Football Weekly (bonus)! TIME TO GET THE CLAWS OUT Can a team who have been coasting for three months ever get the old engine purring again? That's the question facing Sunderland when they kick off their Championship playoff campaign at Coventry. Régis Le Bris and his squad pretty much knew automatic promotion had gone when back-to-back defeats against Leeds and Hull left them 10 points off the top two in mid-February. Since then the form table has them 17th, sandwiched between Oxford and Sheffield Wednesday, and they enter the post-season on the back of five straight defeats and two goals in their last seven. Indeed, though Sunderland finished a whopping 13 points ahead of Frank Lampard's side, the gap was 14 points in mid-October. To compound things, Coventry hammered them 3-0 in mid March, but in truth the Sky Blues have hardly roared into the playoffs themselves – meek defeats at Plymouth and Luton, both subsequently relegated, meant the 2-0 win over Middlesbrough on the final day was a necessity rather than a flourish. Something will have to give and it should kickstart a weekend of the usual playoff high-drama. NEWS, BITS AND BOBS In this-is-definitely-a-good-idea-I-see absolutely-no-problems-arising news, the Premier League has asked clubs to give broadcasters the right to film inside dressing rooms or conduct in-game interviews during live coverage from next season. Advertisement WSL and Women's Championship teams will continue to be relegated beyond 2026, the idea of temporarily removing relegation no longer being pursued. Chelsea Supporters' Trust have called for a formal investigation into the ticket sales process for their Tin Pot semi-final home leg against Djurgården after hundreds of away fans purchased tickets for the home sections of Stamford Bridge (and made no secret of it). CST called the situation 'the most serious breach of stadium security in recent memory'. A 1-0 win means Blues face Betis in the final. David Kogan has been urged to take 'concrete steps' and demonstrate his impartiality after being endorsed as the chair of football's independent regulator by a select committee of MPs. West Ham's Aaron Wan-Bissaka has been called up by DR Congo for the first time. And in other Hammers news Aaron Cresswell, Lukasz Fabiański, Vladimír Coufal and Danny Ings are to do one in the summer. Advertisement Liverpool's Mo Salah and Arsenal striker Alessia Russo are the Football Writers' Association men's and women's players of the year. It's all about next season now for Mikel Merino and Arsenal. 'Having played in the Bernabéu, having played PSG, it's going to be a huge learning point for the future. We will be back stronger, we will be back more ready,' he tooted. And Newcastle have risked upsetting some fans by announcing plans to redesign the club's badge for the 2026-27 season. 'As football and the world changes so, too, must the symbol that unites us,' cheered the club. STILL WANT MORE? 'I punched another dad' – our seemingly violent readers share stories of the worst parent behaviour at kids' football (and that quote is far from the worst of it). Advertisement Leeds, Burnley, Lionesses, PSG and the playoffs? It's our quiz of the week! Why are Saudi Arabia at the Gold Cup? It's the latest in the Kingdom's soft power campaign, writes Karim Zidan. Roméo Lavia is the ideal cog in Enzo Maresca's machine – when he is fit, reckons Ben McAleer. And even with three games left, there are still plenty of things to look out for in the Premier League this weekend. Ten of them, in fact. MEMORY LANE Kevin Nolan generally enjoyed a chicken-style dance to celebrate scoring, and here some Newcastle fans demonstrating it in the stands at St James' Park (April 2011) after he grabbed the opening goal in a 4-1 victory. 'I'M THE KING OF BOGGLE, THERE IS NONE HIGHER'
Yahoo
22-02-2025
- Politics
- Yahoo
Survey shows majority of Norwegians support increasing aid to Ukraine
The number of Norwegian citizens who are afraid of war has increased since last summer, with more than 35% of them now. Source: A survey conducted by Omnibus at the request of the Norwegian Armed Forces, as reported by European Pravda Details: The new survey shows that 35.1% of Norwegians are afraid of war, up from 30.5% in the summer of 2024. Women (44.6% vs. 25.7% among men) and young people aged 18-29 (almost 40%) are most afraid of war among those surveyed in Norway. Compared to the previous survey, the fear of war has increased in all parts of Norway except for the northern regions. On the contrary, the number of those who fear war has fallen from 43.2% to 36.5%. The people in charge of the survey note that as Norwegians' fear of war grows, so does their support for Ukraine. In total, 55.8% of respondents want to provide much more or slightly more aid than Norway currently provides. The current level of support is satisfactory for 23%, and only 4.2% want to stop any support. Background: This month, the Norwegian Intelligence Service warned that it expects Russian sabotage in 2025. Support Ukrainska Pravda on Patreon!
