We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” wrote JP Morgan analysts this week. They were describing the reputation crisis facing Tesla, one of the world’s leading electric vehicle manufacturers. The problem for Tesla is straightforward: their CEO, Elon Musk, has embraced hard-right politics. He has supported the neo-Nazi-friendly AfD party in Germany and even made a gesture that looked an awful lot like a Nazi salute at Donald Trump’s inauguration. (Nazis were certainly thrilled by it.) Musk has a leading role in a presidential administration that is waging war on the civil service and gutting climate and environmental policies.
EU-Institutions
Netherland Times: 10 cities call for EU support against Airbnb
Cities say short-term holiday lettings market is contributing to soaring long-term rents. The notoriously neo-liberal European Court is trying to stop cities from regulating companies such as Airbnb. Read here
EU politics
Ali Abunimah – German leaders face criminal complaint over Gaza genocide
Members of two Palestinian families have filed a criminal complaint against German leaders for aiding and abetting Israel’s genocide in Gaza. Lawyers acting on their behalf have requested that German federal prosecutors investigate Chancellor Olaf […]
EU politics
Politico – Von der Leyen’s constant power play exasperates EU capitals
The EU is increasingly governed from the centre, with Von Der Leyen grabbing power where she can and bossing the agenda, despite the Commission President role originally intended to be a largely administrative one. Read […]
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