🚗 #Musk ’s $DOGE Role Sparked “One of the Greatest Brand Collapses”
Marketing expert Scott Galloway has called #ElonMusk ’s political involvement “one of the greatest brand destructions” in recent history. Musk’s alignment with Republicans, who are less likely to buy EVs, has driven a wedge between Tesla and its core customer base.
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“He’s alienated the wrong people,” Galloway said, noting that 75% of Republicans wouldn’t consider an EV. Tesla, once ranked 8th in brand reputation (2021), has plunged to 95th.
📉 Tesla Sales Crash Across Europe
Tesla’s popularity in Europe has taken a major hit:
France: -59%
Sweden: -81%
Netherlands: -74%
Denmark: -66%
Switzerland: -50%
Portugal: -33%
Musk’s political moves have hurt Tesla’s standing in one of its strongest markets. Rival BYD has now outsold Tesla in Europe for the first time.
🏛️ Musk Steps Back from DOGE
Musk had joined Trump’s second-term administration in a role dubbed DOGE (Department of Government Efficiency), aiming to slash $160B in federal spending. But a nonpartisan group warned those cuts may cost $135B instead.
After a 71% drop in Tesla’s profits and investor pressure, Musk announced in April that his “time allocation to DOGE will drop significantly.”
💸 Political Ties Damage Brand Trust
Musk also donated $200 million to support Trump’s campaign and introduced him to younger tech followers. But these moves clashed with Tesla’s original, more progressive audience.
“Tesla was a great brand,” said Galloway. “He’s alienated his core demographic.”
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