I think he understands that the likelihood of winning is well below 50/50 now, and it's not worth his effort. NC often elects Democrats to statewide office, even though its heavily gerrymandered legislature grants a Republican about 1.2 times as much representation as a Democrat. And 2026 is shaping up to be a wave year given how unpopular the Big Bill is, and how its effects will likely be very visible next year as millions are thrown off Medicaid and rural voters piss and moan about their reduced subsidies (from blue urban taxpayers).