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Norway’s State Investment Fund Should Dump Tesla
Its vast sovereign wealth fund owns nearly 36 million Tesla shares. Better get out while the getting is good.
Elon Musk’s association with Donald Trump was obliterating Tesla’s reputation among its core customer base of affluent liberals, while conservatives tend to hate EVs on principle. The MAGA-adjacent channel “Whistlin’ Diesel” went mega-viral with a video showing how in a bad towing situation, the entire back portion of the Cybertruck’s shoddy cast aluminum frame will snap right off. As Norwegian Prime Minister Jonas Gahr Støre said back in January, “I find it worrying that a man with enormous access to social media and large financial resources is so directly involved in the internal affairs of other countries.”
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