Economy Prediction: Musks will drag down the Tesla brand and hurt sales significantly in 2025

[Libero cane v2]

Norway is the EV-nation in the world, bar none.
Over 85% of the cars sold in Norway in 2024 where electric cars, and Tesla is by far the most popular brand, with Model Y and Model 3 being the top two best-selling cars.

I drive one myself, as do half the people we know.

Musk has been regarded mostly in positive or at least neutral terms.

Now, the winds have changed. Post “my heart goes out to you”-gate, his close connection to Trump and his increasing megalomania- people are feeling embarrassed to drive a Tesla. They’re buying stickers for their cars saying “I bought this car before we knew Musk was insane”. Many people are considering another car brand for their next purchase.

If Norwegian car consumers are the canary in the coal mine, Tesla may be in significant trouble. Not only are they facing massive competition from Chinese, German and Korean EVs, but their brand is getting absolutely trashed due to its interconnectedness with Musk.

 

[Kingz]

It won’t matter. It’s basically considered the luxury of EV’s.

I thought his red pilling and acrimonious attitude towards California would hurt him here and even the Cyber Trucks are all over place.

They’re considered the cool car and even lefties will always rationalize it as “hur dur, it’s not like the so much not smarter than me idiot invented them or anything”

The truth is, the majority of consumers don’t consider politics with their purchases. Not matter what the DEI crowd tells you

 

[filthybliss]

People will keep buying Teslas regardless of how they feel about Elon.

People don’t buy cars based on the character of the CEOs. Most car companies abuse cheap/slave labor overseas and that doesn’t seem to bother people much.

 

[Misfit23]

It won’t matter. It’s basically considered the luxury of EV’s.

I thought his red pilling and acrimonious attitude towards California would hurt him here and even the Cyber Trucks are all over place.

They’re considered the cool car and even lefties will always rationalize it as “hur dur, it’s not like the so much not smarter than me idiot invented them or anything”

The truth is, the majority of consumers don’t consider politics with their purchases. Not matter what the DEI crowd tells you

No one considers the cyber truck a cool car.

 

[CantCucktheTuck]

prediction: don't care

 

[Fox by the Sea]

Feels like the number of Teslas i see is growing every day.
i got a buddy that just bought a smaller one for his daughter when she turned 18.
doubt a few self-hating virtue signaling norwegians will harm the tesla baseline that much.

 

[Kingz]

No one considers the cyber truck a cool car.

I personally think they are ugly…obviously some people think they are cool. I see them all over the place out here.

…but I was talking more along the traditional Tesla models. They are considered the standard AND higher status symbol among EV’s and there is no evidence that will change.

 

[Captain Tenneal]

TS, the majority of people don't think that deep about these things, especially politics

 

[Rational Poster]

It won’t matter. It’s basically considered the luxury of EV’s.

I thought his red pilling and acrimonious attitude towards California would hurt him here and even the Cyber Trucks are all over place.

They’re considered the cool car and even lefties will always rationalize it as “hur dur, it’s not like the so much not smarter than me idiot invented them or anything”

The truth is, the majority of consumers don’t consider politics with their purchases. Not matter what the DEI crowd tells you

I mean..

 

[Libero cane v2]

It won’t matter. It’s basically considered the luxury of EV’s.

I thought his red pilling and acrimonious attitude towards California would hurt him here and even the Cyber Trucks are all over place.

They’re considered the cool car and even lefties will always rationalize it as “hur dur, it’s not like the so much not smarter than me idiot invented them or anything”

The truth is, the majority of consumers don’t consider politics with their purchases. Not matter what the DEI crowd tells you

Definitely not in the luxury segment here, they have great value for money, but that’s about it.

Consumer habits are difficult to predict, but I’m definitely seeing a trend shift here. And this applies to me as well- I was well on my way towards pre-ordering the Tesla Juniper (upgraded Y) but do not feel comfortable with this any longer. So BMW Neue Klasse X, let’s go.

 

[HOLA]

It's already happening. They just released their quarterly earnings and automotive revenue was down 8% from the prior year. Operating margin sank to 6%; it had been over 10% recently. They're offering huge discounts to get people to buy.

26% of their net income for the quarter was actually from the mark-to-market accounting for their bitcoin holdings. Nothing to do with cars.

 

[Libero cane v2]

TS, the majority of people don't think that deep about these things, especially politics

Amongst the educated, upper-middle class, I don’t think that is the case.

 

[Libero cane v2]

Feels like the number of Teslas i see is growing every day.
i got a buddy that just bought a smaller one for his daughter when she turned 18.
doubt a few self-hating virtue signaling norwegians will harm the tesla baseline that much.

As I suggested in the OP, the signals I’m seeing here might be a harbinger for consumer patterns in other nations as well.

 

[Rational Poster]

It's already happening. They just released their quarterly earnings and automotive revenue was down 8% from the prior year. Operating margin sank to 6%; it had been over 10% recently. They're offering huge discounts to get people to buy.

26% of their net income for the quarter was actually from the mark-to-market accounting for their bitcoin holdings. Nothing to do with cars.

The more involved with politics he becomes, the more his private businesses will suffer.

Turns out people don't want to own a vehicle that has a high chance of a dick or swastika getting drawn on it. A lot of people that are already owners are getting bumper stickers and such to dissuade vandals.

 

[chardog]

Feels like the number of Teslas i see is growing every day.
i got a buddy that just bought a smaller one for his daughter when she turned 18.
doubt a few self-hating virtue signaling norwegians will harm the tesla baseline that much.

it's too innovative to ignore, if anything, it's the oversaturation that is going to hurt its sales.

 

[HOLA]

People will keep buying Teslas regardless of how they feel about Elon.

People don’t buy cars based on the character of the CEOs. Most car companies abuse cheap/slave labor overseas and that doesn’t seem to bother people much.

Few people are as high-profile as Musk, though. Ask the average person who the CEO of Ford or GM is and they won't know; ask them who the CEO of Tesla is and they'll know it's Muskrat. Guy is in the news 24/7 making an ass of himself.

 

[cincymma79]

Cool
Bro
Story

 

[Captain Tenneal]

Amongst the educated, upper-middle class, I don’t think that is the case.

I guess we'll see

But before I make a buy, the last thing I care about is politics. I care purely about specs and capability. And Tesla's still offer best in class EV capability, EV truck also, as it's a toss up between Ford Lightning/ Cybertruck right now

 

[Madmick]

I mean..

LMFAO. The OP bases this on political grounds. Elon endorsed Trump on July 13, 2024. Let's see...

Stock is up 46.6% since that day.

 

[chardog]

Amongst the educated, upper-middle class, I don’t think that is the case.

what are the options, a crap ass EV mustang? Ugly rivian? near bankrupt lucid?

I do see the low keep ionic q selling like hotcakes, those are lower price points, and Tesla has been selling at higher price points for a while, if the alternative exits, it would hurt sales, not that many alternatives. California is as left as it gets, and the tesla dealerships in lefty areas are crawling with folks, saturation is too high, going to another brand is inevitable, but the word of mouth on tesla is a bit too compelling, it is the equivalent of apple of cars.