Elon Musk was booed “viciously” according to Gizmodo by a San Francisco crowed when introduced on-stage at a comedy show. Might this be an early signal that Elon Musk himself might now negatively impact Tesla vehicle sales, which have been growing exponentially since 2018. He clearly has had a negative impact on the valuation of Tesla stock this year, which is down more than 50% partially due to Musk’s Twitter acquisition.
San Francisco has been the favorable opinion capital of the world for the Tesla brand and its vehicles. If a San Francisco audience is now turned-off by Musk, might this lead to other Tesla prospects turning-off their desire to purchase Tesla cars? Tesla vehicle sales have grown exponentially since 2018 after the Model 3 was introduced. Could the San Francisco event portend an eventual slowing of Tesla sales? Could it be that it is Elon Musk, along with his Twitter whims, that drive away customers? This has been an overhang with Tesla investors. Monitoring if this also impacts Tesla sales will be very interesting to monitor.
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