An index of global equity markets rose to a record high for the second straight session; Tesla sales in Norway in July rose 83% — massively bucking the trend among most other European countries. Here's a roundup of the big stories in business and finance https://t.co/HPucvDHVf2
WATCH: An index of global equity markets rose to a record high for the second straight session; Tesla sales in Norway in July rose 83% — massively bucking the trend among most other European countries. Here's a roundup of the big stories in business and finance https://t.co/SZHjRPrrzg
Tesla Stock Rises. This Sales Stream Is Drying Up. https://t.co/cdX6TKjZ19
Tesla has experienced a decline in sales across much of Europe and China, largely attributed to consumer backlash against CEO Elon Musk's alignment with right-wing politics. This political stance has led to acts of vandalism against Tesla vehicles and dealerships and caused previously loyal customers in several European countries to abandon the brand. Despite this broader trend, Tesla sales in Norway have surged, with an 83% increase reported in July 2025. This growth in Norway is credited to a 12-year relationship between the country and Tesla, fostering strong brand loyalty and insulating the market from the political backlash affecting other regions. While Tesla faces criticism for labor disputes in other countries, the Norwegian market remains a notable exception to the company's recent sales challenges. Meanwhile, Tesla's stock has seen gains even as the overall sales stream diminishes.