Tesla Faces Backlash Over Elon Musk's Political Role

Tesla owners grapple with falling resale values and public criticism as Elon Musk's alignment with Trump administration policies polarizes consumers.

Elon Musk's role in the Trump administration's Department of Government Efficiency has alienated many Tesla owners, particularly in liberal-leaning regions like California.
Tesla's stock has dropped significantly, with a 35% decline year-to-date, as investors question Musk's focus on the company amid his political activities.
Used Tesla resale values have plummeted, with some models losing up to 16% of their value in the past year, reflecting waning demand in certain markets.
Protests, vandalism, and arson targeting Tesla vehicles and charging stations have been reported across the U.S., highlighting growing tensions surrounding the brand.
While Trump supporters have shown increased interest in Tesla, analysts question whether this shift can offset the loss of its traditional consumer base.