“I think a great wrong is being done to the people of Tesla and to our customers,” Musk told Fox News Thursday, referring to his company’s diminished reputation amid a mass protest of his cars and his involvement in the federal government.
That’s made the vehicles, as well as Tesla dealerships, targets of political dissent. In the weeks since Trump’s inauguration, Teslas have been lit on fire and sprayed with graffiti, while charging stations for the electric vehicles have reportedly been hit with Molotov cocktails.
“Those are the real villains here, and we’re going to go after them,” the DOGE chief warned. “The president has made it clear, we’re going to go after them.”
Wow. This little boy’s feelings are very hurt. Look at him. He’s gonna cry. “We’re gonna go after you.”?This is why everyone should make a personal pledge to take all non-violent, peaceful, legal actions possible to make his TSLA memestock go to zero. pic.twitter.com/dMdxhWJYKV
— Jim Stewartson, Antifascist ?????☠️?? (@jimstewartson) March 28, 2025But the world’s richest man can only play the victim for so long. Customers around the world are voting against Tesla’s success with their wallets, refusing to tap into the brand due to Musk’s new political alignment. And that’s affected Tesla on the stock exchange just as much as it’s ruffled company executives and major investors, several of whom have jumped ship to save their pockets.
Even Tesla bulls are slowing down on the electric car manufacturer. Earlier this month, Mizuho Securities managing director and senior analyst Vijay Rakesh cut his firm’s price target for Tesla by $85 per share, according to Barron’s. In a statement at the time, Rakesh pointed to Musk’s polarizing persona and his influence in “geopolitics” as two reasons for the downturn.
“Nobody voted for this, and nobody voted for Elon,” Vickie Mueller Olvera, a Tesla Takedown protest organizer in the Bay Area, told The Guardian. “He’s an unelected super-billionaire and he’s a thug.”
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