Tesla, the downfall has begun – Musk has ruined everything"

"Tesla, the downfall has begun – Musk has ruined everything"

Tesla's brand reputation has fallen to its lowest level ever.

According to market research firm YouGov, the American public's perception of Tesla is the most negative since 2016.
•Middle class net recognition: -9 points
•Progressive net recognition: -35 points
•Overall Net Recognition: -12.8 points (all-time low)

What happened to Tesla that dominated the EV market?

1. Elon Musk's Political Move Holds Tesla Back

After Musk acquired Twitter (X), he became increasingly politically right-leaning and controversial.

His move is not just a CEO's statement, but it has become a threat to Tesla's brand itself.

•As Musk gets politically close to Trump, traditional Tesla consumer groups (Democratic supporters) are turning their backs on him.
•Progressive consumers who have been strong supporters of traditional Tesla are boycotting Tesla.
•On the other hand, Republican supporters still support Tesla, but they were not Tesla buyers in the first place.

2. What's Tesla's Future Like?

The electric vehicle market is getting more competitive.
Companies like GM, Ford, Hyundai and BYD are quickly catching up, and Musk risk is what people think is the biggest source of anxiety for Tesla.

•Musk considers himself a genius entrepreneur, but he may actually be Tesla's biggest risk factor.
•An innovative company that once led the future is falling because of the CEO's political orientation.

But here's one thing

"Did Musk really ruin it?"

It's too easy to criticize Tesla right now.
However, the more the public turns away from Tesla, the opportunity to reverse the situation.

Will Tesla go bust just because Musk says no?
Now might be the time to look at Tesla again.