I recently read an article on MSN.com that Elon Musk’s politics may be pushing some buyers away from Tesla.
Tesla’s market share of EVs in the US has recently dropped below 50%.
I was definitely in the market to buy a Tesla several years ago. But I am definitely not anymore. Several things have occurred:
- Tesla is getting bad press on reliability, quality of the product and support.
- Musk bought Twitter and it’s now – in my opinion – a shadow of itself.
- Along with the Twitter debacle, Musk’s politics and apparent arrogance does not appeal to me, and I don’t want to sponsor his company.
I sold all my Tesla stock when the Twitter purchase happened. The price of the stock has been fairly flat since then.
So yes, Musk’s politics is definitely pushing me away from Tesla.
I am waiting for another EV, preferably from Toyota, to jump in.