It has become increasingly difficult for people on the left to proudly own a Tesla. According to polling released by the left-leaning research firm Data for Progress last week, 59 percent of Democrats report that Elon Musk has made them much less likely to buy a Tesla. That’s compared to only 15 percent of Republicans.
Weak sales, Trump tariffs and the actions of their eccentric CEO could all be taking a toll on the electric vehicle powerhouse.
The Tesla Takedown movement implores Americans not only to get into the streets, but to “sell your Teslas” and “dump your stock”. It’s a tactical approach that could have real repercussions — especially if a shareholder revolt were triggered during Musk’s prolonged foray into politics.
One of Wall Street’s most bullish analysts thinks Tesla’s growth story is still intact and, despite a raft of negative headlines for CEO Elon Musk, upside “catalysts” remain.