Why the Backlash Against Tesla Could Boost EV Adoption
Over the past few months, Tesla has faced significant backlash from consumers in several major markets due to its CEO’s recent involvement in U.S. politics. With Tesla CEO Elon Musk endorsing President Donald Trump’s second presidential bid and currently heading the controversial Department of Government Efficiency (DOGE), many consumers are turning away from the Texas-based electric vehicle giant. Tesla’s market capitalization has fallen by 50%, and there have been numerous protests at Tesla dealerships worldwide. Additionally, several Teslas have been set on fire as part of demonstrations against the company. However, despite the turbulent period for Tesla, some experts believe…
