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Tesla CEO Musk's partisan politics cost automaker over 1 million EV sales, report shows
Yale economists estimate Musk’s political endorsements and actions caused Tesla to lose up to 1.26 million U.S. vehicle sales, benefiting competitors by up to 22%, the National Bureau of Economic Research found.
- Elon Musk's political activities have cost Tesla between 1.0 and 1.26 million vehicle sales in the U.S. from October 2022 to April 2025, as reported by the National Bureau of Economic Research .
- The study indicates that Tesla's sales losses represent 67% to 83% of what sales could have been without Musk's influence.
- Research shows that sales of other electric and hybrid vehicles increased by 17% to 22% during the same period, as former Tesla buyers chose competing brands.
- Political polarization significantly affected public opinion on Musk, with negative views among Democrats rising from 21% to 92%.
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24 Articles
24 Articles
Tesla CEO Musk's partisan politics cost automaker over 1 million EV sales, report shows
Tesla CEO Elon Musk's polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker's U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire's persona.
·United Kingdom
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Elon Musk’s politics cost his firm Tesla more than one million EV sales, report reveals
Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.
·Atlanta, United States
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Elon Musk’s Politics Cost Tesla One Million Sales
“Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona,” CNN reports.
·New York, United States
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Coverage Details
Total News Sources24
Leaning Left7Leaning Right0Center10Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 41%
C 59%
Factuality
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