Consumer sentiment towards Tesla has notably shifted, with many potential buyers, like Dan Kurland, expressing reluctance to purchase Tesla vehicles due to Elon Musk's political actions and comments since the Trump presidency. As Musk's management has led to a significant decrease in Tesla's stock value and a rise in trade-ins, competitors like Rivian are seizing the opportunity to capture market share in the electric vehicle space. The landscape is changing swiftly as protests against Tesla and criticisms of Musk continue to grow.
Since Elon went crazy when Trump became president, I wouldn't touch one, Dan Kurland said.
Musk encouraged investors to hold their shares and joked that he can't walk past a television without seeing a Tesla on fire.
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