Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.

The findings quantify for the first time how the political actions of the world’s wealthiest person – including his role in U.S. President Donald Trump’s administration – may have cost Tesla billions in lost vehicle sales while benefiting rival electric carmakers.

Tesla’s U.S. sales would have been between 67% and 83% higher, or about 1 million to 1.26 million additional vehicles, from October 2022 to April 2025, had it not been for what researchers call the “Musk partisan effect,” according to a working paper from the National Bureau of Economic Research by Yale University economists.

  • rumba@lemmy.zip
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    43 minutes ago

    I love Electric cars and Sattelite internet and Spaceships.

    WTF has this asshole made all the things I love awful and unacceptable.

  • Gates9@sh.itjust.works
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    1 hour ago

    He doesn’t care, there is nothing that can really ruin him financially, and the idea that he would ever be convicted for a crime is ridiculous as well.

    These people, the ones who have control over the major levers of power, they have completely insulated themselves from accountability, they are all psychopaths, and many are nearing the ends of their lives, so they are particularly nihilistic and dismissive of the consequences of their actions.

    • rumba@lemmy.zip
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      41 minutes ago

      He doesn’t care

      Ohh but he does, he has a terribly thin skin. He’ll never hurt for money, but he’s deperate to make his mark on the work that isn’t branded an utter failure.

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    2 hours ago

    Customer base most likely to hate nazis: people who buy EVs.

    Customer base most likely to love nazis: people who buy trucks that get 2 mpg.

    Guess the pedo genius found that math problem a little too difficult.

    • Fedizen@lemmy.world
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      14 minutes ago

      Elon’s Brain: If I buy twitter, surely I can influence public opinion

      Public Opinion: Whoa this guy is a real piece of shit

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    13 minutes ago

    He might have fucked over his company but didn’t he make a shit ton of money personally over the last year or so?

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    6 hours ago

    “Musk partisan effect”

    Fucking hell, these people can euphemism their way out of anything. It’s the Musk Is A Fucking Nazi effect. Just say it as it is. How is this guy still allowed to be a director of a company that he is actively hurting? Are there no laws regarding fiduciary duty? Shareholders ought to be rearing him to shreds, not voting to pay him more.

    • Formfiller@lemmy.world
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      2 hours ago

      The richest man in the world is the main shareholder. You can thank our government for giving him massive tax payer subsidies instead of investing in multiple American run businesses. I’ve noticed our government likes to give all of our tax dollars to South African apartheid Nazis who are now looting our government and stripping our freedoms because they think they haven’t gotten enough.

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    8 hours ago

    You’ve cost us billions in sales! Your views are killing the company!!

    Are you going to fire me?

    No! We’re going to pay you MORE!!

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    8 hours ago

    Feels like if he could just STFU he’d be golden. I remember when he was widely seen in a positive light. He was practically messianic on Reddit back in the day. Then his innate pettiness came out when he called that diver a peado. It feels like his mask slipped then and everything after just reinforced the fact that he’s an unchecked and uncaring megalomaniac.

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      5 hours ago

      That’s why a lot of people admired him until early 2010s. Hell, I have a photo from 2014 pride parade with a rainbow model S being centre of attention.

      Luckily for us, shutting up is a rare skill for such assholes.

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      39 minutes ago

      For a while, I saw them all over the fucking place, probably 50 on my commute.

      These days I see 2-3 and very rarely see the trucks. I wonder where they all are now. I seeing 10 of the trucks per day. Now, maybe one.

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      5 hours ago

      I feel this very much, yet at the same time feel like people need to understand that it is politics.

      People try so hard to compartmentalize politics as this thing not to bring up where it “doesn’t belong” but yet politics that you ignore will eventually push themselves into those places eventually.

      Nazi ideology is a political ideology. A rotten, awful one, but one nonetheless.

      Its why you can’t afford to sit out politics, ever.

    • skisnow@lemmy.ca
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      8 hours ago

      I could admire someone sticking to their principles in face of losing money, but when the principles are “be a dick to marginalised people for the lulz” you’ve just got a garbage human being

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      2 hours ago

      He controls the board. So it’s him wanting to pay him that (with the stipulation he magically increases the company market cap to like 8 trillion or something - like 4x what it currently is)

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      4 hours ago

      I thought they were setting him up for a graceful exit when they could not agree on a ridiculous pay package

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      11 hours ago

      Then why are they wanting to pay him 1 trillion dollars? Rich people are weird.

      Because Musk is asking for it, and the Tesla board who are all his hand picked friends, are the ones that vote on it.

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      12 hours ago

      He put two LED light bars on the old Model Y and came up with a cheap Model Y that covers the existing glass roof in headliner fabric.

      How is that not innovation?

          • anomnom@sh.itjust.works
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            8 hours ago

            It had lidar rangefinders I believe. Nothing like the lidar scanners on actual delft driving cars, but still better than just cameras.

            • bitchkat@lemmy.world
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              46 minutes ago

              Tesla has never used lidar. As the other person said, they did use radar and ultrasonic detectors until covid supply chain issues when they decided to go camera only.

              • anomnom@sh.itjust.works
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                11 minutes ago

                I guess not, but affordable small and very simple LiDAR range finders (ToF) have been around for a while. Not the fancy spinning scanners on Waymo and military robots. More like parking sensors and measuring tools.

                I remember when the Israeli company that was developing Tesla’s first automation systems dropped them because it didn’t like the reliance on cameras only that Musk was insisting on.

                Edit: removed useless link and provided Wikipedia page with better history of the hardware used. Mobileye dropped Tesla in 2016. Funny enough they were developing Lidar after dropping Tesla, but are more recently going to a camera only approach too. I’m still skeptical any firm will succeed with only mostly visible spectrum photons and have a safe product. But as secondary backup safety devices I’m ok with them. They shouldn’t be allowed to call any of it autodriving or autopilot though.

                • bitchkat@lemmy.world
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                  16 minutes ago

                  They removed plastic hooks from the frunk to save two cents. Same with rain detectors on windshield for auto wipers.