US EditionMusk 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.
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Elon Musk blamed for poor Tesla sales as activists launch boycott over right-wing ties - 'No product can fix this'
Tesla shares surged nearly eight per cent yesterday after CEO Elon Musk pledged to refocus his attention on the electric automaker, despite backlash against the billionaire for his political actions in recent months.The billionaire promised to reduce his work for US President Donald Trump and the Department of Government Efficiency (DOGE) to just one or two days per week from next month.Despite the positive market reaction, concerns persist that…
·London, United Kingdom
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Coverage Details
Total News Sources101
Leaning Left27Leaning Right2Center48Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 35%
C 62%
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