Analyst estimates impact of Elon Musk's DOGE antics
Digest more
Top News
Impacts
Insider |
Ives said Tesla CEO Elon Musk's DOGE antics were partly to blame for the expected sales woes.
Reuters |
President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not wo...
Read more on News Digest
Long-time investors are urging Musk to refocus his attention on the automaker and away from politics. Some have called for the CEO to either resign from DOGE or find another person to run Tesla. Even Tesla bulls like Dan Ives, an analyst with Wedbush Securities, have conceded that Musk’s political efforts are undeniably harming his EV company.
Elon Musk's political ties and Tesla's market challenges have led to declining sales and brand damage. Protests and increased competition compound the company's difficulties, affecting delivery projections and stock value.
Tesla CEO Elon Musk has become an increasingly public — and highly divisive — figure in the Trump administration, putting some Tesla drivers who disagree with his politics in a tough spot.
9h
LGBTQ Nation on MSNLinkedIn cofounder skewers Elon Musk after accusations he funded Tesla protestsIn an X post last week, LinkedIn co-founder Reid Hoffman hit Elon Musk where it hurts: his ego. It all began with allegations from right-wing accounts that Hoffman funds a group called Indivisible, which has been leading protests outside Tesla showrooms around the country, as well as other anti-Trump and anti-Musk rallies.
The Black Eyed Peas star said he bought into Tesla years before it went public, but messed up by rejecting the chance to be an early Airbnb investor.
Tesla’s (TSLA) stock dropped nearly 6% yesterday, following President Donald Trump’s announcement of a 25% tariff on foreign-made vehicles.