The Fourth Quarter Profit Report of Tesla will be launched, and investors are eager to know how Elon Musk’s participation in politics will affect the growth and profitability of the company. With Musk’s high profile advisory role in Washington, DC, and their support for extreme right -wing candidates, shareholders question whether they are providing Tesla for the approach it needs.
More than 100 investor consultations have become, asking Musk’s time allocation between Tesla and its political commitments. An retail investor asked: “How long does Elon Musk do to the growing Tesla, solving products and boosting the value of shareholders against their public commitments with Trump, Doube and political activities?” Another question more voted asked how long Musk tries to spend “in the White House and in government activities against time and effort dedicated to Tesla.”
Musk’s political participation has been extensive, including the contribution of $ 270 million to Trump and other republican candidates and causes. He also spent weeks in the campaign during the fourth quarter and then in the Mar-A-Lago Complex of Trump in Florida. In addition, Musk has been involved in German politics, supporting the AFD party of the extreme right.
According to Brand Finance, the value of the Tesla brand fell 26% last year, citing factors such as Musk’s “antagonism” and the aging of the EVs of Tesla. The researchers found that fewer consumers would recommend or consider buying a Tesla now than in previous years.
Musk’s recent gesture, seen by many as a Nazi greeting, has also caused controversy. Ruth Ben-Ghiat described him as “a Nazi and very belligerent greeting”, while the neo-Nazis praised Musk for his mischief. A shareholder asked Musk to apologize for the misunderstanding: “Will it apologize for the misunderstanding that happened when the gesture of the hand thanking people for their support? It would be very useful with their investors and the American public in general. ELON advances! “
Later, Musk dedicated himself to the word game with Nazi theme in X, which led to the anti-defamation league to reprimand him.
Investors now look for answers on how Tesla plans to address the negative impacts of Musk’s opinions and public activities. However, Tesla does not have the obligation to discuss these issues during the gain call. It is expected that the company’s quarter -quarter profit report includes updates on its production and delivery numbers, as well as its energy storage implementations.
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