The political controversies surrounding Elon Musk and his role in the Trump administration are causing a stir. Protests outside Tesla dealerships in the US are not only demanding the sale of Tesla vehicles, but also the dumping of Tesla shares. This could get dicey for investors!
The Tesla share is currently $TSLA (-4.32%) at EUR 345.00, showing a slight change of 0.16%. However, Musk's growing negative image could have an impact on the brand and therefore the share price. A survey shows that 53% of voters disapprove of Musk's government involvement - which is not exactly ideal for the brand image.
What do you think? Could this image crisis actually cause Tesla shares to falter? Or do you think the brand is strong enough to weather these storms? Join the discussion! 📈