'Down nearly 40 percent': Musk's far-right MAGA politics are sinking Tesla

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'Down nearly 40 percent': Musk's far-right MAGA politics are sinking Tesla

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'Down nearly 40 percent': Musk's far-right MAGA politics are sinking Tesla

^{Published on 2025-03-16 06:21:02 - Alternet}

Billionaire Elon Musk, head of Tesla, SpaceX and X.com and leader of the Department of Government Accountability (DOGE), has become a very polarizing figure on both the left and the right. Liberals and progressives are vehemently critical of the mass layoffs of federal government workers he is pushing via DOGE,

The article from MSN discusses how Elon Musk's increasingly vocal support for far-right and MAGA (Make America Great Again) politics is negatively impacting Tesla's brand and stock value. According to the report, Tesla's stock has dropped nearly 40% since the beginning of the year, which some analysts attribute to Musk's controversial political stances and public statements. These include his interactions with right-wing figures, his comments on various political issues, and his management of Twitter, which has seen a shift towards more conservative viewpoints. Critics argue that Musk's political alignment is alienating Tesla's core customer base, which tends to lean more liberal or centrist, potentially leading to a decline in brand loyalty and sales. The article suggests that Musk's focus on politics might be overshadowing Tesla's mission and could be detrimental to the company's future growth and innovation in the electric vehicle market.

Read the Full AlterNet Article at:
[ https://www.msn.com/en-in/politics/government/down-nearly-40-percent-musk-s-far-right-maga-politics-are-sinking-tesla/ar-AA1AYvwC ]

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