Scott Galloway argues that Elon Musk’s political involvement, particularly his role in the Trump administration’s cost-cutting measures, has severely damaged Tesla’s brand. This is evidenced by a significant drop in Tesla’s brand reputation, coupled with substantial sales declines across multiple European markets. Musk’s actions alienated Tesla’s core customer base, particularly as he aligned himself with a political party largely uninterested in electric vehicles. Consequently, competitors like BYD have surpassed Tesla in European sales, highlighting the detrimental impact of Musk’s political maneuvering on his company’s success.
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Tesla reported significantly lower than expected first-quarter 2025 profits and revenues, experiencing a 71% profit decline and a 9% revenue drop year-over-year. This downturn is largely attributed to a negative impact on Tesla’s brand stemming from Elon Musk’s White House role. Musk will reduce his White House duties starting in May, dedicating only one to two days a week to his government position. Despite the poor performance, analysts remain cautiously optimistic, anticipating a potential turnaround once new models and autonomous technology are released.
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Aqua Blu Kitchen & Cocktails, a Toms River restaurant, faces intense backlash after offering a “Proud Boys Burger” as a weekly special. The burger’s name, referencing a designated hate group, sparked outrage online and resulted in a flood of angry calls and messages. Restaurant owner Cathy Varriale expressed deep regret, stating she was unaware of the group’s hateful ideology and that the burger was a poorly conceived joke. Despite removing the burger and issuing an apology, the restaurant continues to receive severe criticism and threats.
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