Summary

Tesla faces a second consecutive year of sales decline after a 13% drop in Q1 2024 deliveries, the steepest in nearly three years.

CEO Elon Musk’s alignment with Donald Trump and far-right politics has damaged Tesla’s brand, triggering global protests and vandalism.

Analysts attribute the sales slide primarily to reputational harm, compounded by aging models and fierce competition from BYD and others.

Deutsche Bank forecasts a 5% sales dip this year. Musk’s political role has fueled calls for boycotts, with concerns that prolonged involvement could cause lasting brand damage.

    • KoboldCoterie@pawb.social
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      20 hours ago

      Even if they do, unless Musk divests entirely, they can still get fucked. As long as hurting Tesla hurts Musk, they’re just a means to an end.

      • MBech@feddit.dk
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        20 hours ago

        This is the right attitude. Just because the fucker decides not to act like he works anymore, doesn’t mean he deserves our money. There is absolutely no way I would ever consider buying a Tesla. Even IF they somehow force him to sell every single stock he owns, and he has absolutely nothing to do with the company, the rest of theses investors are just as bad as him, for sticking with him over the last 10 years. They can all get fucked.