💨 Abstract

Elon Musk's alignment with and subsequent public falling-out with Donald Trump has significantly impacted Tesla and his other businesses. Initially, Musk's support for Trump alienated key Tesla customers, particularly Democratic voters. Their recent public feud has further polarized Tesla's brand, leading to a 14% drop in Tesla's stock value and a $152 billion decrease in market capitalization. Musk's actions risk alienating both Trump supporters and those opposed to him, potentially harming Tesla's consumer base.

Courtesy: WTOP Staff