Is Elon Musk's Politics Driving Buyers Away From Tesla? Expert Says 'Amazing Company...But Is Not Selling As Many Cars As It Used To'
Portfolio Pulse from Benzinga Neuro
Ben Smith, co-founder and editor-in-chief of Semafor, commented on CNBC's 'Last Call' that Tesla's sales are declining, potentially due to CEO Elon Musk's political stance. Despite being an amazing company, Tesla is not selling as many cars as it used to, and competitors are faring better in the EV industry. Musk's controversial social media posts and political leanings may be driving some buyers away.
July 03, 2024 | 12:57 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Tesla's sales are reportedly declining, potentially due to CEO Elon Musk's political stance. This could impact the company's market performance as competitors gain ground in the EV industry.
Ben Smith's comments highlight a potential decline in Tesla's sales, attributing it to Elon Musk's political stance. This could negatively impact Tesla's stock price as it suggests a loss of market share to competitors in the EV industry.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100