Elon Musk's actions and political support for Donald Trump are raising concerns among Tesla shareholders, with many fearing a negative impact on the brand’s image and sales.
Recent surveys indicate that 31% of potential car buyers are less interested in Tesla due to Musk's influence, while 36% of EV-interested buyers share the same sentiment.
Concern about Tesla's brand perception extends beyond surveys: some shareholders report friends selling their Teslas and refusing to purchase again, driven by concerns over Musk's political stance.
Although Tesla reported impressive growth of 8% in revenue and 17% profit increase reaching $2.2 billion, the underlying concerns from shareholders about Musk's political affiliations persist.
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