Tesla Stock Plunges Amid Goldman Sachs Sales Forecast Cut and Musk-Trump Feud. Wall Street anxieties escalate as Tesla's exposure to Elon Musk's outspoken politics intensifies, following a sharply negative sales prediction and the public deterioration of Musk's relationship with Donald Trump. Analysts warn of potential damage to Tesla's brand image across the political spectrum, impacting sales and investor confidence
Elon Musk's outspoken politics alienate Tesla customers across the political spectrum, fueling Wall Street concerns. A Goldman Sachs prediction of sharply lower Tesla sales, coupled with Musk's public rift with Donald Trump, exacerbates anxieties about declining brand sentiment and potential impact on Tesla stock. Analysts warn this could temporarily harm sales among both left-leaning and right-leaning consumers
Goldman Sachs slashes Tesla Q2 delivery forecast to 365,000, significantly below expectations. Mark Delaney's team predicts an 18% year-over-year decline, the weakest since at least 2015, fueling Wall Street concerns amid Musk's political controversies. This follows analyst warnings that Musk's public feud with Trump could further damage Tesla's brand image and sales
Goldman Sachs slashes Tesla Q2 delivery forecast to 365,000, an 18% year-over-year decline – the weakest growth since at least 2015, according to data from Tesla's investor relations website. This significantly undercuts analyst expectations and fuels concerns about Musk's political influence impacting Tesla's brand and sales
Tesla faces new headwinds as Elon Musk's public feud with President Trump fuels Wall Street concerns. Analysts warn that this rift, following Musk's $288 million contribution to Trump's election campaign, could further damage Tesla's brand image, impacting sales, particularly among left-leaning EV buyers. Goldman Sachs slashed its Q2 delivery forecast, reflecting broader anxieties about the political risks associated with Musk's outspokenness
Tesla's strained relationship with Elon Musk and Donald Trump fuels Wall Street concerns. Morgan Stanley analyst Adam Jonas warns that the public feud could temporarily alienate Tesla from both sides of the political spectrum, impacting sales and brand perception. This follows Goldman Sachs' lowered Tesla delivery forecast, highlighting growing anxieties about the company's exposure to Musk's political stances
Tesla Stock Rebounds 6% After Goldman Sachs Downgrade and Musk-Trump Feud, but Uncertainty Remains. Following a historic Thursday loss and a pessimistic Goldman Sachs sales forecast, Tesla shares experienced a partial recovery Friday. However, the stock remains down 9% since Wednesday, fueled by concerns over Elon Musk's increasingly public political stances and their impact on Tesla's brand and sales. Analysts cite the Musk-Trump rift as a major source of near-term uncertainty for the electric vehicle maker
Trump's threat to sever federal contracts with Musk's companies, including SpaceX and potentially Tesla, sends shockwaves through Wall Street. While SpaceX faces direct impact, Trump could also cripple Tesla's profitability by restricting its lucrative sale of regulatory credits—a key revenue stream accounting for roughly two-thirds of its Q1 2025 net income ($595 million out of $934 million). This potential attack on Tesla's regulatory credit sales adds to growing investor concerns about the company's exposure to Musk's increasingly controversial political stances
Tesla Stock Suffers Amid Musk-Trump Rift: Since Elon Musk's Twitter (now X) acquisition, Tesla's stock has faced pressure due to his controversial political stances. His endorsement of Donald Trump, initially perceived as beneficial, has soured, impacting Tesla sales and fueling Wall Street concerns. Trump's recent sale of his Tesla Model S further highlights the deteriorating relationship, adding to analysts' worries about Tesla's exposure to Musk's increasingly outspoken politics and its effect on brand perception across the political spectrum. This, coupled with Goldman Sachs' pessimistic sales forecast, raises significant uncertainty for Tesla's future
Tesla Q2 2024 Delivery Numbers: Goldman Sachs Prediction & Political Fallout Impact
On July 2nd, Tesla will release its Q2 2024 delivery figures. Goldman Sachs' pessimistic forecast of 365,000 vehicles, significantly below expectations, adds to concerns fueled by Elon Musk's public rift with Donald Trump. This political divide threatens Tesla's brand image and sales, impacting both left and right-leaning consumer segments
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