Musk damaged Tesla’s brand in just a few months. Fixing it will likely take longer
- Elon Musk stated Tuesday he will reduce his advisory work next month to focus on Tesla.
- Ongoing political controversy and his actions have damaged Tesla's brand and alienated buyers.
- Incidents included protests, facility vandalism, and Tesla's largest sales decline ever last quarter.
- The automaker announced a 71% drop in net income due to tumbling worldwide sales.
- Shares rose slightly, but experts warn brand damage may prove permanent for some buyers.
42 Articles
42 Articles
Tesla's glory days are over - and it's Elon Musk's fault
This is Armchair Economics with Hamish McRae, a subscriber-only newsletter from The i Paper. If you’d like to get this direct to your inbox, every single week, you can sign up here. Now that he is stepping back from his role in the Trump administration, Elon Musk can rescue Tesla. But his company’s glory days are over, and it is just another car manufacturer like all the others. He made a gamble – and it failed. Elon Musk’s idea was to tuck in w…

Musk damaged Tesla's brand in just a few months. Fixing it will likely take longer
Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making: damage to its brand.

Now That He’s Done Ruining America, Elon Musk Is Leaving Politics
Source: The Washington Post / Getty Looks like President Trump is losing his First Friend, as Elon Musk, the egomaniacal head of the fictional Department of Government Efficiency, is scaling back his commitment to deal with the dumpster fire that is Tesla’s stock price. According to CNN, Musk says he’s returning to Tesla and thus stepping away from his role as the head of stealing confidential data or cutting federal jobs once held by Black peo…
'The damage is done': Traders say Elon Musk's return to Tesla is too little, too late
Elon Musk said on Tesla's first-quarter earnings call that he'd be spending a lot less time with DOGE starting in May.Saul Loeb/AFP/Getty ImagesElon Musk said he's stepping away from the White House, but traders online seemed unexcited.After a rough earnings report, many retail investors said Musk has a long road ahead to repair the brand.Concerns about Musk's politics are still in the picture, despite his planned departure from DOGE.Elon Musk i…
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