US EditionTesla trade-ins on pace for record high amid Musk backlash
- Motorists have traded in a record number of Tesla electric vehicles this month, accounting for 1.4% of all traded vehicles, according to data from Edmunds.
- Elon Musk's role as an adviser to U.S. President Donald Trump has led to significant backlash, causing protests and trade-ins.
- Jessica Caldwell, head of insights at Edmunds, stated that decreasing Tesla brand loyalty could benefit other automakers and electric vehicle startups.
- Tesla's brand value fell by 26%, or around $15 billion, in 2024, indicating a decline in consumer interest and loyalty.
97 Articles
97 Articles
Tesla bull lowers price target citing ‘brand crisis’
One analyst who has been a long-standing Tesla (TSLA) bull has significantly cut his price target on the company’s stock, citing recent backlash against CEO Elon Musk and U.S. President Donald Trump, though he also notes that his firm remains bullish. In a note to clients on Sunday, Wedbush Securities analyst Dan Ives said that the firm lowered its price target on Tesla’s stock from $550 to $315, maintaining an Outperform rating. The analyst say…
Conservative Daily News
americanbriefing.comTesla Could Be On The Brink Of ‘Blackberry Moment’
by David Blackmon at CDN - Analysts at the investor advisory site Seeking Alpha published a piece on Tuesday in which they claim that Tesla could be facing what they call a “Blackberry moment” caused by a combination of political and market factors. This article and the ongoing negative impacts on Tesla’s business fortunes are signs of just … Click to read the rest HERE-> Tesla Could Be On The Brink Of ‘Blackberry Moment’ first posted at Conserv…
St Catharines Standard
Are Canadian Tesla owners selling amid protests and political tension? Autotrader sees spike in inventory
Protests against Tesla and Elon Musk have sprung up in recent weeks, with reports of vandalism against Tesla vehicles being reported in Ontario, including 80 vehicles damaged at a Hamilton dealership. AutoTrader, Canada’s largest vehicle marketplace, says used Tesla inventory is up and average prices are down.
Sheryl Crow's Tesla for sale in Evansville
EVANSVILLE, Ind. (WEHT) — Sheryl Crow is known for being a singer and more recently, she made headlines for selling her 2018 black Tesla. The keys to that Tesla are in Evansville. Crow sold it in protest of Elon Musk and his work in the Trump administration. The car was delivered to Wolfe's Auto Auction on Monday, ready for a new owner. "It was kind of politically known that she donated it and someone and so forth and whenever you stand, it's no…
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