:max_bytes(150000):strip_icc()/GettyImages-2204588044-2f9ff62c3cf9425bb9cfc5b2949f417b.jpg?w=1920&resize=1920,1267&ssl=1 "Most Investors Think Elon Musk’s Political Activity Is Hurting Tesla, Survey Shows | Global News Avenue")
Most Investors Think Elon Musk’s Political Activity Is Hurting Tesla, Survey Shows
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2204588044-2f9ff62c3cf9425bb9cfc5b2949f417b.jpg)
Key Points
- A Morgan Stanley survey found that most investors believe Musk’s political activities are hurting Tesla.
- Tesla shares rose as tech stocks gathered on Wednesday, but Musk began leading the new administration’s efficiency since President Donald Trump took office, a pace that declined for the eighth straight week.
- President Trump brought the Tesla to the White House on Tuesday and reportedly bought one.
Most investors think Tesla (TSLA) CEO Elon MuskAccording to a Morgan Stanley investigation, their political activities are hurting the company.
About 85% of the people surveyed say musk Political participation It is having a negative or extremely negative impact on the company’s business base. Morgan Stanley said the investigation window began Tuesday and received 245 responses in 17 hours, noting that respondents are not necessarily Tesla shareholders.
President Trump said on social media earlier this week Buy Tesla As support for Musk, who led the government Ministry of Government Efficiency (DOGE). He reportedly followed that promise, bringing a series of Tesla cars to the White House and making a choice with Musk on Tuesday.
Tesla’s stock price has risen by more than 7% because Technology stock rallybut Musk has been in the eighth straight week since Trump took office and has begun leading the governor. The stock lost all post-election share earnings, down nearly 50% from its stock High record At the end of last year.
:max_bytes(150000):strip_icc()/GettyImages-2204588044-2f9ff62c3cf9425bb9cfc5b2949f417b.jpg?w=1200&resize=1200,0&ssl=1&description=Most+Investors+Think+Elon+Musk%E2%80%99s+Political+Activity+Is+Hurting+Tesla%2C+Survey+Shows+%7C+Global+News+Avenue){kind=link}