Tesla's Annual Report Silences Right-Wing Politics

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Tesla sales

torontosun

•

Technology

Musk’s embrace of right-wing politics risks turning off car buyers and sinking Tesla’s stock

Summary

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72% Informative

Tesla sales plunged 45% in Europe in January , according to research firm Jato Dynamics .

That comes after a report of falling sales in California , its biggest U.S. market, and the first annual drop globally for the company last year .

Analysts say it's too early to say for sure how much damage Musk is causing to Tesla because so many other factors could explain its current troubles.

Tesla investor Ross Gerber says Musk has somehow managed to marry the world’s best product with the worst marketing.

“People want to buy stuff that makes them feel good, you don’t want politics involved,” Gerber said.

One Tesla owner, Harry Chathli , is unmoved by the backlash, saying he has no intention of getting rid of his Tesla S ..

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semi-formal

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English

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Offensive language