Tesla's CEO Elon Musk faced considerable backlash for his political actions, leading to an endorsement from President Trump, who bought a Tesla for his staff. This gesture occurred amid declining Tesla sales, which fell significantly in countries like Germany, France, and California due to rising political tensions and consumer backlash against Musk's affiliations. Protests and boycotts against Tesla highlight a growing divide between the company and its customer base, contributing to fears among investors about the company's future performance.
Many Tesla owners have put stickers on their EVs in opposition to Musk's political stances, reflecting a divide between his brand and consumer loyalty.
Trump condemned those incidents as cases of 'domestic terrorism,' highlighting the backlash against Tesla's political entanglements faced by its iconic CEO.
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