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 politics
German Rearmament Is a Terrible Idea – Interview w/ Ole Nymoen
‘In Germany, podcaster Ole Nymoen has become public enemy number one for supporters of the government’s rearmament campaign. He spoke to Jacobin about his new book against militarization and on the need for a renewed peace movement.’ […]
Economics
DeStatis – Germany: Exports to non-EU countries in July 2022: expected decline of almost 10% year on year
Exports to third countries (calendar and seasonally adjusted exports of goods), July 2022 56.8 billion euros -7.6% on the previous month +9.4% on the same month a year earlier Read Here
EU politics
yle: Finland relaxing arms export rules to Turkey
Finland claims to be on the moral highground, but is actually entering a moral abyss. Welcome to more EU hyprocrisy. Read Here
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