Tesla acknowledged that changing political sentiment might negatively affect its business operations. In its latest earnings report, the company highlighted concerns over trade tensions and tariffs, particularly those targeting China. These factors could significantly impact Tesla’s energy division compared to its automotive segment. Furthermore, CEO Elon Musk’s alignment with far-right politics and his ties to the Trump administration have sparked public backlash against the brand. Tesla remains focused on launching more affordable EVs while navigating these challenges.
— new from Axios