The company's global car deliveries declined for the first time in over a decade as political actions by its CEO raise concerns among customers.
In 2024,
Tesla reported a 1% decline in global car deliveries, marking the first drop in over ten years, despite a 25% increase in overall electric vehicle sales across all brands.
This downturn comes at a time when political engagement and statements from
Tesla's CEO,
Elon Musk, have sparked controversy and have potentially impacted the brand's perception among consumers.
Musk's role in political discourse, particularly regarding his alignment and public statements related to former President Trump, has led some fans and previous supporters to reevaluate their views on the brand.
This situation highlights the intricate relationship between corporate leadership and brand identity, particularly in a market where public sentiment can significantly influence consumer behavior.