And it is. Carscoops thunders: Tesla’s Q1 Sales May Be Its Worst In Years As Analysts Warn Stock Could Sink 50%
And sales of the car are even worse in Europe than in the United States. If Elon weren't deluded by his inner conviction that he's an epic warrior for something or other, he'd notice he is on the way to brand failure. (Car publications will also tell you his cars aren't as good or innovative as they once seemed.)
The New York Times points out:
So many Democratic buyers appear to be fleeing Tesla that even Mr. Trump’s best sales pitch is unlikely to woo enough new customers to fill the vacuum, auto experts said. Analysts at JPMorgan predict Tesla will deliver its fewest cars in the first quarter than it had in three years.
“When you make your product unattractive to half the market, I promise you, you won’t increase your sales,” said Alexander Edwards, president of Strategic Vision, an automotive research and consulting firm.
The Washington Post observes:
As Tesla shareholders press Musk to return his attention to the firm that made him the world’s richest person, the [photo op on the White House lawn] also highlighted how Musk’s deepening alliance with Trump has been boon and burden to his expansive business empire.
... Musk’s bet that serving — and helping to lead — the MAGA onslaught will benefit him economically is risky to say the least,” said Paul Barrett, deputy director of the Stern Center for Business and Human Rights at New York University. “Musk’s companies may get so tainted in the eyes of many ordinary citizens that they will suffer irreparable damage to their reputations.”
“The danger for Musk is that he becomes the embodiment of crony capitalism,” Barrett said.
It's going to take awhile for the impact of other Trump/Musk depredations on our lives to become widely felt and visible. Maybe when Social Security no longer issues checks? Or your kid gets measles? The possibilities get wider by the day.
But you can speak out right now in front of Elon Musk's Tesla showrooms. Visit #teslatakedown to find an action near you.
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