Expert Slams Musk’s Actions as Brand Destruction for Tesla
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.
John Q. Hosedrinker