Trump Backs Tesla Amid Declining California Sales

Recent articles highlight the growing concerns surrounding Tesla's brand image amid CEO Elon Musk's controversial public persona and political affiliations. Many potential and current Tesla owners are reconsidering their choices, with some seeking alternatives like Polestar, which is gaining traction in the electric vehicle market. President Donald Trump has publicly endorsed Tesla, showcasing its models at the White House, but this association may alienate some customers, as evidenced by a significant drop in Tesla's California sales. Analysts warn that the increasing competition from other EV manufacturers, coupled with Musk's polarizing image, could further impact Tesla's market share. The company's sales in California have reportedly decreased by 11.6 percent, raising alarms about future performance, especially in the critical U.S. EV market. As Tesla's stock fluctuates, observers suggest that Musk's closeness to Trump may pose risks to the brand's reputation and shareholder confidence.