Tesla Stock Dips Amid Political Backlash from EV Drivers
Tesla shares slid nearly 2% following a Global EV Alliance survey revealing 41% of electric vehicle owners worldwide WOULD avoid the brand due to political concerns. The sentiment was strongest in the U.S. and Germany, where over half of respondents expressed reservations.
The dip coincides with Elon Musk's controversial tenure in the TRUMP administration, which ended abruptly after a public falling-out. Norway—once Tesla's European stronghold—saw 43% of drivers echo the anti-Tesla sentiment.