Tesla is in for a bumpy ride this week. Investors are demanding answers about the company’s future, and Elon Musk’s recent behavior isn’t helping. Tesla is in for a bumpy ride this week. Investors are demanding answers about the company’s future, and Elon Musk’s recent behavior isn’t helping.
Retail investors, who are regular people who invest in the company, are especially upset. They want Musk to focus on Tesla and stop his controversial social media activity. Some even suggest Tesla needs a new leader. The author believes electric vehicles shouldn’t be a political issue.
However, Elon Musk’s actions might be discouraging potential buyers with left-leaning views.
On top of Musk’s antics, Tesla’s sales are dropping. Their car models are getting old, and that might be driving customers away.
Tesla Investors Voice Frustrations
Tesla investors, known for their loyalty, are surprisingly critical of the company lately. Through a platform called Say, investors are bombarding Tesla with questions. They’re unhappy with the stock price drop, declining sales, and the huge pay package proposed for Elon Musk. Some even question Musk’s commitment to Tesla, given his recent social media activity.
Investors are directly asking if there’s any plan to manage Elon Musk’s behavior on social media, which they believe is hurting Tesla’s image. Some investors feel Tesla needs a new leader. They question Elon Musk’s priorities, wondering if Tesla comes first or his other ventures and personal interests.
The author believes electric cars shouldn’t be political, but Elon Musk’s actions might be driving away potential buyers who lean left politically. Despite these criticisms, some loyal investors remain unshaken. However, it’s clear that Tesla is facing a crisis of confidence. The upcoming earnings call and shareholder vote on Musk’s pay will be crucial moments for the company.