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