In a recent Pivot podcast episode, NYU professor Scott Galloway critiqued Elon Musk's political connections, particularly with Donald Trump and DOGE, leading to significant brand degradation for Tesla. Galloway noted Tesla's reputation plummeted from the eighth to the 95th most reputable brand, combined with substantial declines in revenue and sales in key markets. He emphasized that Musk has increasingly alienated potential customers, including Republicans, and highlighted the contradiction between Musk's brilliance and his business choices that have negatively impacted Tesla's standing in the automotive industry.
Musk's involvement with DOGE has resulted in one of the greatest brand destructions in history. Tesla was a great brand, now down from eighth to 95th.
Tesla's sales are declining faster than any automobile company in the world. Their revenue and profits have plummeted significantly, alienating his core demographic.
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