Tesla (TSLA) Faces Public Backlash Amid CEO Elon Musk's Controversial Actions

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Apr 22, 2025
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Tesla (TSLA, Financial) is facing a significant public relations challenge, as a recent survey reveals that over 47% of the public holds a negative view of the company. Only 27% have a positive outlook, while 24% remain neutral. In contrast, General Motors enjoys a more favorable perception, with one-third of the public viewing it positively and only 10% negatively.

The electric vehicle manufacturer has been under pressure due to CEO Elon Musk's controversial political activities, which include reducing government employee numbers and supporting former President Trump and the Republican Party. These actions have sparked protests at Tesla offices nationwide.

Musk himself is a divisive figure, with 50% of the public viewing him negatively. Among Democrats, his net approval rating is a negative 82, whereas Republicans show a positive net rating of 56. The disparity in views extends to electric vehicles as well. While 35% of Americans view EVs negatively, 33% are positive, with younger demographics and men showing more support for EVs than for Tesla specifically.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.