Elon Musk's involvement in politics, specifically his alignment with President Trump, has negatively impacted Tesla's brand image and sales, leading to decreased deliveries and a significant drop in profits.
The public image problem faced by Tesla due to Musk's political activities has resulted in high trade-ins, lower sales in Europe, and a decline in the stock price.
Foreign leaders are calling for boycotts of Tesla, further impacting the automaker's reputation and market share.
Tesla's board has reportedly started searching for Musk's potential successor amidst concerns over the company's direction and image.
Protests against Tesla, urging people to stop buying Tesla vehicles and stocks, have become a significant risk mentioned in Tesla's SEC filings.
Musk's association with President Trump and his tariff policies has impacted Tesla's sales not only in the U.S. and Europe but also in China.
Musk's political affiliations have polarized Tesla's customer base, with Republicans showing increased interest in purchasing Tesla vehicles.
Tesla's stock price has been volatile, with Musk urging employees and investors to hold onto their stock despite challenges.
Musk's focus on Dogecoin and politics has led to concerns about Tesla becoming a political symbol rather than a leading automaker, potentially harming its future prospects.
Tesla has faced protests, vandalism, and even violent acts targeting its properties, leading to legal actions and concerns about the company's stability.