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.

  • TigerAce@lemmy.dbzer0.com
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    24 hours ago

    For as long as Musk has been in the picture, he has been a walking red flag inferno. “I bought it before he went crazy!” Dude, it has been so clear from the beginning he’s crazy, you’re just ignorant AF.

    People are so stupid. Even when I told them he is crazy they try to defend the guy. Only now they come with these dumb bumper stickers as they cannot find ways to defend him anymore, so they try to cover their ass with a fucking sticker.