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I wonder if Norway will pull out of Tesla as well. The Norwegian Pension Fund currently owns 0.87%. Side-note, all its equities are publicly available: https://
by fellerts 3y ago
I wonder if Norway will pull out of Tesla as well. The Norwegian Pension Fund currently owns 0.87%. Side-note, all its equities are publicly available: https://www.nbim.no/no/oljefondet/investeringene/#/ https://www.nbim.no/no/oljefondet/investeringene/#/
- SOLAR_FIELDS 3y agoI will say there are a lot of teslas in Norway. For years they were one of the most popular cars sold due to generous tax breaks. https://driveteslacanada.ca/news/tesla-model-y-wins-crushing-victory-in-norway-in-november-through-2023/ https://driveteslacanada.ca/news/tesla-model-y-wins-crushing...
- JumpCrisscross 3y ago> here are a lot of teslas in Norway Scandinavia (and to a lesser degree the Nordic countries) is rich, capitalist and early adopting. This not only makes them a valuable market for Tesla. It also represents a threat if they exit. That market, alone, could enable a competitor to scale their EV production through the valley of death.
- fellerts 3y ago> rich, capitalist and early adopting That's certainly a factor, but at least in Norway the government was quick to offer various incentives for EV (less fees, free use of bus lanes and so on) making it the largest early adopter of EVs in general (and Teslas in particular for the reasons you mentioned).
- VoxPelli 3y agoOne of Norway’s unions are demanding this: https://www.dn.no/arbeidsliv/lo-lederen-mener-oljefondet-bor-presse-tesla-til-a-innga-tariffavtaler/2-1-1567456 https://www.dn.no/arbeidsliv/lo-lederen-mener-oljefondet-bor... That either they convince Tesla to sign an agreement or they sell it all. Norwegian politicians are also acting and eg. requesting discussions with Tesla in Norway to discuss the Nordic model with them.