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.
Economics
German Foreign Policy – German Recession: End of the German export model
German companies face stiff competition from China in more and more markets. Market shares are shrinking for Germany’s three largest industries. Read HERE
EU politics
Joshua Rahtz – Course correction?
Sahra Wagenknecht, who describes herself as ‘left-conservative’, has left Die Linke and established a new political formation which could win as much as 20% of votes at the polls, an interesting and important development in […]
Environment
Politico: Mud and guts: Europe’s forgotten environmental crisis
Lobbying by the governments of the U.K., France and Germany blocked efforts to introduce a European soil protection policy in 2007, citing costs and potential impacts on housing developments. Read here
Be the first to comment