...even his ardent analyst Dan Ives is saying that his patience is starting to stretch
1. Tesla's brand is adversely affected by Elon's political involvement
First, Tesla's EV owners/buyers are largely Democrats who are now abandoning the brand earnestly, while GOP supporters are still very much ICE vehicle buyers, who go for Jeep, Ford.
Its sales in EU has also dropped sharply amidst heightened campaign against him, while Tesla is losing market share in China
And when it comes to boycott America, Tesla is the lowest hanging fruit there is.
2. The reciprocal tariffs would not escape Tesla, UK/EU would be more than please to levy higher tariffs on Tesla made in China and US.
3. Operationally, Tesla looks like crumbling (see this Cybertruck being the latest casualty), and its self driving autonomous car project is unlikely to happen as promised.
4. Tesla stock has lost some $800mil in market capitalisation, and any further fall could result in a bank margin call on Elon as he has placed his Tesla stock as collateral for financing of his Twitter purchase.
It would be ironic if he loses his control over Twitter because of Tesla's implosion.
His detractors would short his Tesla stock to 'punish' him to exacerbate his woes.
Even the President's purchase of one red Tesla would not save him from all of this.
But the world's biggest risk taker won't ever be deterred.
