Over the past few months, Tesla’s stock has been decreasing rapidly, the reason being entirely political.
Millikan’s AP Human Geography and AP Macroeconomics teacher, Mr. McWhorter, expresses, “Through his work with the current administration and DOGE, Musk seemingly has put at risk the Tesla brand, at least in the eyes of investors.”
As a result, Musk has shifted his priorities to be less involved at DOGE and to be more active at Tesla after the stock decline. Lily Jamali, a writer for BCC, says, “Tesla boss Elon Musk has pledged to ‘significantly’ cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year.”
Before President Trump returned to office, Democrats made up a significant percentage of Tesla customers due to its electric nature.
Camila Domonoske, a reporter who covers cars and energy for NPR, wrote on March 13, “Among Democrats, net positive views of Tesla dropped 22 percentage points…”
Peyton Roberts, SEGA senior, thinks the Tesla brand has become a political symbol for the Republican Party. “If you had just a regular Tesla from a couple of years ago, I don’t see it as anything… if you have the newer Cybertruck, I feel like you’re trying to be out there and be in people’s faces about what you think,” he explains.
Nicole D. Sintov, Abou-Ghalioum, and Lee V. White for Science Direct write, “Political identity can also influence perceptions of what it means to engage in environmental action. Hence, Democrats may be more likely to perceive EVs [Electric Vehicles] to reflect ideals (e.g., environmentalism) consistent with their identities.”
Tesla CEO Elon Musk, as co-runner of the Department of Government Efficiency (DOGE) along with Vivek Ramaswamy, has evoked rage in liberal voters.
The destruction of property goes beyond the product; buildings have been defaced, and vehicles have been vandalized. The protests against the CEO has left the car’s stock at a new low.
Liam • May 30, 2025 at 1:20 pm
On May 27, 2025, Alisa Barth wrote the article “ Why has Tesla’s Stock Driven Down”. The article talks about how Elon Musk is ruining Tesla by joining in on DOGE and has been prioritizing DOGE over Tesla. Musk has stepped down from his prior position at DOGE due to many reasons like the government not actually cutting the waste Musk has found. I think it is true that since Musk has joined the republican party support for him has gone down in the eyes of liberals. Vandalization and destruction of Tesla property has been a result of Musk joining DOGE. Tesla stock has dropped obviously because of this and it’s going to take a lot of time for the stock to recover to its former boom if it even does. I think that DOGE was a good idea but it has cost Tesla and Space X a lot of time and money. The reason why Tesla’s stock price has dropped so much is mainly due to the reason of hate towards Elon Musk. Musk derangement syndrome is a thing that has developed as a result of Musk trying to help America.
Maycol • May 30, 2025 at 9:13 am
On May 27th, 2025, Alisa Barth wrote an article about, “Why has Tesla’s Stock driven down?” This article was really interesting to read because it talks about something that most people hate in the world, as it is Elon Musk that everyone doesn’t like overall. This gives us an understanding on more about the decline about Tesla’s profit and what people think of when they see people riding in these cars. It is also great how you mentioned some statements from other students at the school depending on their opinions about the Tesla profits and Elon Musk’s connection to the republican party and more as it became a political symbol for them. It is also cool how teachers were mentioned as their opinions would matter more than students to the difference between them both. Thank you for giving us a clear explanation on what is happening with this company and the people that are involved with it.