19 sources·Business

Elon Musk's Role in Trump Administration Complicates Tesla's Sales

Tesla faces heightened scrutiny and declining sales as Elon Musk's involvement with Trump's administration fuels public protests and stock price drops.

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  1. DOGE complicates Musk’s CEO roles

    Musk's role in the Trump administration is complicating his business ventures, as the tech billionaire pushes forward with efforts to slash the federal government and budget in the face of mounting criticism.

    DOGE complicates Musk’s CEO roles

    The HillThe Hill·7d
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  2. 'Betrayed': Outrage grows across the globe as consumers vow to boycott US products

    With declining consumer interest in Tesla vehicles sending CEO and Trump administration ally Elon Musk into an apparent panic over the electric automaker's plummeting stock—spurring an impromptu car show on the White House lawn Tuesday with President Donald Trump scolding Americans for not buying Musk's products—recent reports from across Europe and Canada suggest the two right-wing leaders are pushing global consumers to reject not just Tesla, but a wide array of American goods.

    'Betrayed': Outrage grows across the globe as consumers vow to boycott US products

    AlterNetAlterNet·7d
    Mixed Reliable
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    ·
    Left
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  3. Elon Musk Looks Desperate

    Musk is playing a dangerous game, and he looks to be losing control of the narrative.

    Elon Musk Looks Desperate

    The AtlanticThe Atlantic·7d
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    Leans Left
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  4. Trump declares Tesla vandals 'domestic terrorists'

    But Trump's willingness to tar the offenders as terrorists is a bridge too far.

    Trump declares Tesla vandals 'domestic terrorists'

    ReasonReason·7d
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    Center
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  5. Tesla Owners Are Desperately Trying to Disguise Their Cars

    Tesla chargers, dealerships, and unsold cars parked on lots have been damaged in suspected arsons and vandalism campaigns.

    Tesla Owners Are Desperately Trying to Disguise Their Cars

    Rolling StoneRolling Stone·7d
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    Left
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  6. Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company

    While a small sampling, these results offer the latest sign of mounting frustration with the billionaire entrepreneur as he’s become a rising figure in international and American politics.

    Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company

    NBC NewsNBC News·7d
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    ·
    Center
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  7. Elon Musk’s antics are not the only problem for Tesla

    The subsequent Trumpian endorsement will not be enough to apply the brakes to Tesla’s declining sales and slumping share price.

    Elon Musk’s antics are not the only problem for Tesla

    The EconomistThe Economist·7d
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  8. 'Everything's Computer!' Trump Births Meme at White House Tesla Purchase Event

    Trump's interaction with his new Tesla went viral on X, as social media users were captivated by the president’s reaction to the electric vehicle.

    'Everything's Computer!' Trump Births Meme at White House Tesla Purchase Event

    Breitbart NewsBreitbart News·7d
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  9. Elon Musk protesters want to 'buy' a Tesla. Here's why

    However, his high-profile association has aligned with a global decline in Tesla sales, leading some to believe his political moves are damaging the company's brand.

    Elon Musk protesters want to 'buy' a Tesla. Here's why

    NewsweekNewsweek·7d
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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    Center
    This outlet is balanced or reflects centrist views.
  1. The Hill
  2. AlterNet
  3. Business Insider
  4. The Atlantic
  5. Reason
  6. Rolling Stone
  7. FOX News
  8. NBC News
  9. The Post Millennial
  10. The Economist
  11. Breitbart News
  12. Newsweek
  13. MSNBC

Mar 12th, 2025, 1:28 PM ET

Summary

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As Tesla grapples with a 71% sales decline in Australia and a 50% drop in stock values since late last year, Elon Musk's political activities, especially his close ties to Trump's administration, are further complicating the company's situation. A Morgan Stanley survey showed 85% of respondents linked Musk's political involvement to negative perceptions of Tesla, coupled with protests against the newfound Department of Government Efficiency (DOGE) he heads. Analysts warn that if Musk continues to prioritize DOGE over Tesla, brand damage will escalate, particularly as public sentiments turn against him and incidents of vandalism against dealerships persist.


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  • Elon Musk's role in the Trump administration is complicating his business ventures, particularly as protests and backlash against his political stance are affecting Tesla's brand and stock value.

  • Tesla's stock has now plummeted more than 50 percent since late last year, with analysts expressing that Musk's involvement with the Trump administration's Department of Government Efficiency is eroding investor confidence and driving away customers.

  • Recent poll results indicate that most Americans hold negative opinions about Musk, questioning his qualifications to influence critical government changes while public sentiment against his management style grows.


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Elon Musk's Role in Trump Administration Complicates Tesla's Sales - Pano News