Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.

The findings quantify for the first time how the political actions of the world’s wealthiest person – including his role in U.S. President Donald Trump’s administration – may have cost Tesla billions in lost vehicle sales while benefiting rival electric carmakers.

Tesla’s U.S. sales would have been between 67% and 83% higher, or about 1 million to 1.26 million additional vehicles, from October 2022 to April 2025, had it not been for what researchers call the “Musk partisan effect,” according to a working paper from the National Bureau of Economic Research by Yale University economists.

  • LuxSpark@lemmy.cafe
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    4 days ago

    Just his politics? Not his holistically shitty personally, face, body, vibe and …aura?

    • TheFogan@programming.dev
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      4 days ago

      I mean… I don’t know shit about any other car manufacturers. If I were in the market for an EV, and the specs on a specific car sound best for my needs, and you tell me "Did you know the CEO of that car company, has a terrible personality, face, vibe and aura… I’d probably still buy the car.

      If you tell me the CEO of that company did a sig heil, created a group to slash pediatric cancer research, helped get the orange cheeto elected, supports the US republican party and the far right german party, constantly tweets and agrees with great replacement theory posts…

      Then yeah I’m not buying that car.

          • Instigate@aussie.zone
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            3 days ago

            Musk is a piece of shit nazi whose public opinions are actively harming his companies, but let’s not get all puritanical about the use of drugs. Plenty of people use the drugs you’ve listed (and many more) and aren’t hateful fuckwads.

          • scintilla@crust.piefed.social
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            4 days ago

            I feel like it shouldn’t have to be repeated so often but if you’re going to do drugs: DO NOT MIX THEM. That includes alcohol and whatever else you want to do, even fucking weed. Just don’t mix shit.

    • skisnow@lemmy.ca
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      4 days ago

      Sadly if you spend any time on LinkedIn, most management types still look up to him as a role model.

      • SaveTheTuaHawk@lemmy.ca
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        4 days ago

        they believe everything he says, and they tell each other how awesome he is…because… they did some bullshit business degree and have no clue how anything in STEM works.

    • Tollana1234567@lemmy.today
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      4 days ago

      ketamine king, you can order ketamine on the TAP from elons blood. enough ketamine in his system to knock out an small elephant.