Elon Musk's Support For Trump Finally Hits Tesla's Sales

[NJCher]

Tesla Orders Canceled Over Musk’s Support For Trump

For months, Tesla boss Elon Musk has been throwing his support behind convicted felon Donald Trump and his campaign for reelection. This culminated in July when Musk officially endorsed the Trump campaign and reportedly threw millions at the reelection effort. Now, it sounds like the efforts may be coming to bite Musk’s company Tesla, with orders being canceled as a result of his close ties to the campaign.

For the first time, a canceled order for Tesla cars has been blamed on Musk’s ties to Trump, reports Fortune. The sale was a corporate order from a drug company, which has now canned the order due to “Musk’s vocal support of Trump.”

Rossmann is the first major business to cite Musk’s political stance as a reason to halt future Tesla purchases. Other European companies have dropped orders from Tesla for different reasons. For instance, software giant SAP said it would stop offering Teslas as company cars for employees as Musk’s numerous price cuts add uncertainties, unlike other car makers.

Musk’s support for Trump has already hit Tesla’s reputation among buyers here in America. Democrats are reportedly looking to distance themselves from anything related to Trump and Republicans aren’t really that bothered about buying EVs. This isn’t a good move for a company that’s struggling with dwindling profits as a result of price cuts and slowing sales.

https://www.yahoo.com/autos/elon-musk-support-trump-finally-130000416.html

[bullimiami]

1. Elon's working on the reverse midas touch now.

[NJCher]

2. Tesla's Reputation Is Tanking Thanks To Elon Musk's Support For Trump

Both Democrat and GOP voters are far less likely to purchase a Tesla following Elon Musk’s blossoming relationship with Donald Trump.
By Owen Bellwood
PublishedJuly 25, 2024


Both Democrat and Republican voters polled in a new study said their opinion of the EV maker had dropped following Musk’s endorsement of Trump, reports Futurism. Among Democrat voters, favorability has dropped from 39 percent in January to 16 percent in July and among republicans it fell from 36 percent to 23 percent during the same period. As Futurism explains:

Tesla short-seller Mark Spiegel was even harsher in his criticism of the infamous billionaire’s brand, which he said may result in a “terrible” boycott from Democrats if Musk keeps up the increasingly rabid right-wing rhetoric. “He completely alienated most of his buying base,” Spiegel told Yahoo. “It’s going to kill the business.”

The impact of Musk’s ties to Trump may already be taking hold, as Tesla’s sales are not what they used to be. According to the brand’s latest financial results, sales are down were down 4.8 percent and profit for the three months to the end of June 2024 fell by 45 percent.

What’s more, the report from Yahoo even spoke with current Tesla owners who are so fed up with Musk’s antics that they want out. One Tesla driver said they are considering selling their EV as a result of Musk’s opinions and beliefs, as Yahoo reports.

More at https://jalopnik.com/tesla-s-reputation-is-tanking-thanks-to-elon-musk-s-end-1851604572

[tanyev]

3. I expect Elon has lawyers working on a lawsuit to sue everyone who hasn't bought a Tesla.

Because discrimination.

[UTUSN]

4. K&R

[Enter stage left]

5. I would love to have internet connect via something like Starlink...

because we are full time RV'ers and can't always get good wi-fi or cellular hot spot.

I REFUSE to look at or even consider Starlink just because it is owned by or managed by Elon Musk.

Fuck him!

[sakabatou]

6. By tomorrow, he'll be bitching about it on Twitter

[Zambero]

7. Tip of the iceberg

My next vehicle purchase will be an EV, and it won't be a Tesla.