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Tesla Sales Drop In Europe In February, Some Countries Down Over 40%: Is Musk's Political Push Hurting EV Company?
Tuesday, March 4, 2025 - 6:06pm | 755Tesla Inc (NASDAQ:TSLA) sales continue to drop in Europe in 2025 with the latest figures indicating the brand could be hurting from CEO Elon Musk's political push and calls for boycotts of the brand. What Happened: Musk has gotten increasingly involved with politics in the United States with a role...
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Musk Holds Poll To Figure Out If US Should 'Liberate' UK, French President Macron Says X Owner Is Backing A New 'Reactionary Movement'
Monday, January 6, 2025 - 8:32pm | 1017X Owner Elon Musk has stirred up a storm with his latest post on the platform, advocating for the ‘liberation’ of the United Kingdom from its current “tyrannical” government. What Happened: On Monday, Musk held a poll on X. “America should liberate the people of...
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Bitcoin Mining Near Polar Bears? New Initiative In Arctic Will Supply Excess Heat To Local Industries To Save Energy Costs
Wednesday, October 30, 2024 - 4:34am | 376In a landmark development, Bitcoin (CRYPTO: BTC) mining operations are set to heat one of the coldest regions on Earth. What happened: Sazmining, a Bitcoin mining firm that connects individual retail miners with renewable energy-powered facilities, said in a press release that the new site would...
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World's Largest Sovereign Wealth Fund Sees $138B Profit Boost Fueled By AI, After Its CEO Cautioned About Tech 'Froth'
Wednesday, August 14, 2024 - 9:13am | 482The world’s largest sovereign wealth fund, owned by Norway, has reported a profit of $138 billion in the first half of the year, largely driven by robust returns on its technology stock investments. What Happened: As per the official report, the Government Pension Fund Global, regulated by...
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Norway Claws Back $5.7M From Biggest Crypto Hack Ever: Here's What Happened
Monday, June 10, 2024 - 4:46am | 471In a significant development, Norwegian law enforcement has managed to recover $5.7 million in cryptocurrency assets that were stolen in the sensational 2022 Ronin Network hack, which remains, to this day, the biggest cryptocurrency hack of all time. What Happened: Sky Mavis, the creator of the...
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NATO Allies To Create 'Drone Wall' Amid Rising Russian Provocations
Monday, May 27, 2024 - 4:00am | 429In response to recent provocations from Russia, six NATO countries are planning to construct a “drone wall” to safeguard their borders. What Happened: The nations involved in this initiative are Finland, Norway, Poland, and the three Baltic states. The idea is to deploy drones along...
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This Country Will Become The First To Have More EVs Than Gasoline Cars On Its Roads — It May Happen By End Of Year
Wednesday, April 10, 2024 - 3:01am | 681With the rapid rise of electric vehicles, the Scandinavian country of Norway is poised to become the first nation to have more EVs than gasoline cars on its roads — and it could happen as soon as the end of this year. What Happened: According to a Reuters report, the number of...
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Norway's Sovereign Wealth Fund Contemplates Rio Tinto Divestment
Wednesday, April 3, 2024 - 2:23pm | 541Rio Tinto (NYSE:RIO), the world’s second-largest metals and mining corporation, is facing a possible divestment from the Norwegian sovereign wealth fund. The Council On Ethics, charged with ensuring adherence to strict ethical guidelines, is deliberating whether to recommend exiting the $2....
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Ford Starts F-150 Lightning Deliveries In Tesla's European Stronghold Amid Demand Slowdown Back Home
Monday, February 12, 2024 - 7:49am | 547Ford Motor Co (NYSE:F) has commenced deliveries of its F-150 Lightning electric pickup trucks to customers in Norway, marking its debut in the European market. The Scandinavian country also happens to be where Tesla holds the maximum market share among auto companies of all kinds. What Happened:...
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Why Norway's Driving Schools Are Banning New Tesla Vehicles As Instruction Cars
Thursday, January 4, 2024 - 7:06am | 717Driving schools in Norway are reportedly banning the use of new Tesla Inc. (NASDAQ:TSLA) vehicles, specifically the Model 3, as instruction cars. What Happened: The decision comes after concerns were raised about the unconventional design of Tesla’s steering wheel, which lacks the...
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Tesla Model Y Dominates Norway In 2023, Country Hits 82% Electric Vehicle Market Share: A Look At The Leaders, Competition
Wednesday, January 3, 2024 - 1:33pm | 864Norway continues to show the world how electric vehicle adoption can grow over time, leading the way as one of the top countries for EV market share. Here's a look at the full-year data for the country in 2023 and the companies benefitting from the growth. What Happened: Electric vehicle giant...
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Tesla Model Y Outsells Next 5 Closest Competitors Combined In Norway
Monday, May 1, 2023 - 12:30pm | 329The Tesla Inc (NASDAQ: TSLA) Model Y (which recently received more price cuts) continues to assert its dominance in Norway's electric vehicle market, with sales data from the first four months of 2023 revealing the electric SUV outsold its five closest competitors combined. Norway...
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Ford Takes On Tesla In Norway With F-150 Lightning Launch
Friday, April 21, 2023 - 7:43am | 454Ford Motor Co (NYSE:F) said Thursday that it is bringing the electric version of the F-150 pickup truck to Norway, where Tesla has the lion’s share of the market. What Happened: The Michigan-based auto giant said in a statement that customers can apply to purchase one of a limited number of F...
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Greta Thunberg Calls Out 'Green Colonialism' in Norwegian Wind Farm Project
Tuesday, February 28, 2023 - 7:54am | 335Greta Thunberg and indigenous activists in Norway are voicing their opposition to the construction of wind farms in a region of the Scandinavian country. What Happened: The 20-year-old Swedish activist and her allies are terming the wind farm in Folsen, Norway as “green colonialism,”...
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Elon Musk Lauds Norway For Tesla Splurge — But New Tax Threatens To Upend Future Sales
Tuesday, January 3, 2023 - 1:30am | 461Norway’s new auto tax by weight could have an adverse effect on the sale of battery-electric vehicles in a market where Tesla Inc (NASDAQ: TSLA) is the leader. What Happened: Tesla’s electric vehicles dominate the Norwegian market, where four out of five new cars sold in 2022 ...