Musk’s embrace of right-wing politics risks turning off car buyers and sinking Tesla’s stock
- Tesla's stock dropped by more than 28% in the last month, losing $700 billion in gains since the U.S. Presidential election.
- Tesla's quarterly sales fell for the first time in a decade, and it is losing market dominance in Europe and China.
- Investors are concerned that Elon Musk's political involvement is distracting him from leading Tesla as sales decline and competition increases.
- Notable figures like Sheryl Crow have sold their Teslas due to Musk's actions.
115 Articles
115 Articles
Chinese Car Alerts Tesla to Accuse Musk’s New Role in Politics · Global Voices
The Chinese Association of Passenger Vehicles (CPCA, for its follow in English) turns on the alarms in Tesla. The patroness of the Asian giant warns that Elon Musk's incursion into politics can negatively impact the sales of the American giant of electric cars. So has the secretary general of the Cui Dongshu association slipped before stressing that even if they do not analyze international politics, the market begins to see Tesla as a politiciz…
The electric car giant is being held hostage by its own CEO | Björn Jeffery
ANALYSIS. Over 8,000 billion kronor in market value has been erased from Tesla in recent weeks. At the same time, the company's CEO Elon Musk is busy with politics that scare away customers. No other listed company would have been allowed to be governed like this.
'The worst performing stock': Tesla drops to lowest level since election on Elon fears
Baird financial services analyst Ben Kallo warned that Tesla CEO Elon Musk's political antics could be destroying the valuation of his company.During a Monday morning report, CNBC host Carl Quintanilla offered investors bad news about Tesla's stock value."Tesla posing its 7th straight week of declin...
Musk's Infamy Is Sinking Tesla Sales - And Its Stock Price
Stocks for the electric vehicle company Tesla just wrapped its worst month since 2022, and it’s all because of its certifiably insane CEO, Elon Musk.In February, Tesla shares plummeted 28%, signaling their worst month since a 37% drop in December 2022. The stock fell by an additional 3% on Monday alone. And after Trump announced he would enact his disastrous tariff policy, it could bottleneck Tesla’s manufacturing, fracturing it even more.“We no…
Why Tesla’s Stock Can Jump Up From Here
Investors abandoned Tesla’s (NASDAQ: TSLA) stock so quickly that the price dropped 34% this year. Based on its current trajectory, it may keep falling. The drop has been blamed on CEO Elon Musk, who has recently been trying to fix the US government as the primary change agent for President Trump. The political alliance may have hurt Tesla sales in the US and Europe. However, Musk has a card up his sleeve. He said Tesla is an AI and robotics comp…
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