Close Menu
Influential MagazineInfluential Magazine
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

What's Hot
Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

May 27, 2025
Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

May 24, 2025
Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Influential MagazineInfluential Magazine
SUBSCRIBE
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
Influential MagazineInfluential Magazine
Home » What to Know About the Backlash Against Tesla

What to Know About the Backlash Against Tesla

March 19, 20253 Mins Read Business
What to Know About the Backlash Against Tesla
Share
Facebook Twitter Reddit Telegram Pinterest Email

Tesla, Elon Musk’s carmaker, has faced protests, vandalism and plummeting stock prices amid the billionaire’s involvement with right-wing politics and the Trump administration, as buyers turn away and protesters criticize his growing influence.

Over the past decade, Tesla has gone from a disruptive newcomer in the auto industry to America’s best-selling electric-vehicle brand. But recently, its dealerships have been attacked and many owners have sold their vehicles.

Some buyers who had been drawn to Tesla’s eco-friendly image began losing patience with Mr. Musk after he bought Twitter, which he renamed X, in 2022. He alienated many consumers further when he publicly backed Donald J. Trump in last year’s presidential election.

For some, the deal-breaker came when Mr. Musk made a gesture that resembled a fascist salute while speaking at a rally celebrating President Trump’s inauguration in January. And with Mr. Trump back in office, Mr. Musk, the world’s richest person, has been empowered to make sweeping cuts to federal agencies and fire government workers, fueling anger against him.

Here’s a look at the backlash against Tesla.

Vandals have targeted Tesla dealerships.

Vandals have defaced or destroyed Tesla vehicles and damaged the company’s facilities in at least seven locations across the United States, from Oregon to Massachusetts, over the past month. Shots have been fired at a building, dealership windows have been broken and charging stations have been set on fire. No serious injuries have been reported.

Attorney General Pam Bondi on Tuesday labeled the episodes acts of “domestic terrorism” directed at Mr. Musk, echoing comments by Mr. Trump. If convicted, some of those accused could face sentences of at least five years in prison, Ms. Bondi said, although she did not specify what charges could be brought.

Protesters across the United States and Europe have also urged Tesla owners to sell their cars, along with shares of the company’s stock. Several hundred protesters recently gathered outside a Tesla showroom in Manhattan, with many chanting, “Nobody voted for Elon Musk.”

Owners have sold their Teslas.

Tesla owners in the United States and overseas have said they are selling their vehicles because they feel alienated by Mr. Musk’s values and politics. Some drivers said they reached the decision after being harassed for owning a Tesla.

Senator Mark Kelly, an Arizona Democrat, said in a post on X last week that he was selling his Tesla and getting a new vehicle. He later said that he had purchased a Chevrolet Tahoe.

“I bought a Tesla because it was fast like a rocket ship,” he wrote in the post. “But now every time I drive it, I feel like a rolling billboard for a man dismantling our government and hurting people. So Tesla, you’re fired!”

Tesla stocks have plummeted.

Tesla’s investors have grown concerned that Mr. Musk is spending too much time in Washington and that his immersion in right-wing politics is alienating buyers.

As of Tuesday morning, the company’s share price had dropped by 47 percent since Mr. Trump’s second term began. The decline has far outpaced that of the S&P 500 index, which has fallen about 7 percent in the same period.

Sales are also slumping. Tesla sales in the United States fell by 5.6 percent last year, to about 634,000 cars, according to Kelley Blue Book, a vehicle valuation company. It was the first yearly decline in sales in the company’s history.

Donald J Elon Europe High Net Worth Individuals Musk Tesla Motors Inc Trump United States Vandalism
Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email
Previous ArticleDoes the Fed Share the Stock Market’s Worry About the Economy?
Next Article What’s at Stake in Trump’s Purge at the F.T.C

Related Posts

Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

May 27, 2025
Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

May 24, 2025
Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Markets Head Lower in Wake of Concerns About U.S. Debt

Markets Head Lower in Wake of Concerns About U.S. Debt

May 19, 2025
Video: How Staffing Shortages Have Plagued Newark Airport

Video: How Staffing Shortages Have Plagued Newark Airport

May 17, 2025
Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

May 15, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

Video: Toy Company Still In Crisis Despite Reduced Tariffs on China

By News RoomMay 27, 2025

new video loaded: Toy Company Still In Crisis Despite Reduced Tariffs on ChinatranscriptBacktranscriptToy Company Still…

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

May 24, 2025
Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

May 22, 2025

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

About Us
About Us

Influential Magazine is one of the top news portals about Business and Finance news for Entrepreneurs and leaders all around the world, follow us for more intersting articles and news.

Our Picks
Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

May 22, 2025
Markets Head Lower in Wake of Concerns About U.S. Debt

Markets Head Lower in Wake of Concerns About U.S. Debt

May 19, 2025
Video: How Staffing Shortages Have Plagued Newark Airport

Video: How Staffing Shortages Have Plagued Newark Airport

May 17, 2025
Trending Now
Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

May 15, 2025
Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

May 15, 2025
World Economic Forum Investigating Allegations Against Founder Klaus Schwab

World Economic Forum Investigating Allegations Against Founder Klaus Schwab

May 15, 2025
Influential Magazine
Facebook X (Twitter) Instagram LinkedIn
  • Home
  • Privacy Policy
  • Contact
  • Terms & Conditions
© 2025 Influential Mag. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.