Is Tesla's Political Baggage Too Heavy to Carry? JPMorgan seems to think so, predicting a potential 50% drop in Tesla's stock price. They cite Elon Musk's divisive political involvement and unpopular leadership at the Department of Government Efficiency (DOGE) as key factors. Has Musk's alignment with the right alienated Tesla's core progressive customer base? The reported drop in sales, especially in Germany and China, seems to suggest a connection. Are we witnessing a brand implosion unlike anything the auto industry has ever seen? What does this mean for the future of electric vehicles, particularly with potential rollbacks of EV tax credits? Is this a temporary setback or a sign of deeper trouble for Tesla? Share your thoughts and predictions.
Is Tesla's Political Baggage Too Heavy to Carry? JPMorgan seems to think so, predicting a potential 50% drop in Tesla's stock price. They cite Elon Musk's divisive political involvement and unpopular leadership at the Department of Government Efficiency (DOGE) as key factors. Has Musk's alignment with the right alienated Tesla's core progressive customer base? The reported drop in sales, especially in Germany and China, seems to suggest a connection. Are we witnessing a brand implosion unlike anything the auto industry has ever seen? What does this mean for the future of electric vehicles, particularly with potential rollbacks of EV tax credits? Is this a temporary setback or a sign of deeper trouble for Tesla? Share your thoughts and predictions.
- By allmaxh