Reported about 2 months ago
Elon Musk's foray into politics, particularly his alliance with Donald Trump, has adversely affected Tesla by alienating core customers and complicating government approvals crucial for its business. The recent fallout between Musk and Trump, marked by public disputes on social media, risks further damaging Tesla's brand and market value. With Tesla shares plummeting and Trump's threats to cut government contracts, experts warn that engaging in political battles can jeopardize a company's stability, especially for a consumer-facing brand like Tesla.
Source: YAHOO