Tesla's Image Suffers Blow: EV Giant Drops 50 Spots In List Of Most Reputable US Brands
Portfolio Pulse from Shanthi Rexaline
Tesla's approval rating slipped to a net negative score of 1.4% and dropped 50 spots to 62nd position in the Axios Harris Poll 100 list of top US companies by reputation. The EV maker scored the least on character, citizenship, and trust, while performing well on products & services and vision.
May 24, 2023 | 12:56 pm
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NEGATIVE IMPACT
Tesla's reputation has suffered, potentially impacting investor sentiment and stock price. The company scored low on character, citizenship, and trust, but performed well on products & services and vision.
Tesla's reputation is crucial for investor sentiment and consumer perception. The drop in reputation ranking may lead to negative investor sentiment, which could result in a short-term decline in stock price. The company's low scores on character, citizenship, and trust are concerning, but its strong performance in products & services and vision may help mitigate the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100