this post was submitted on 29 Oct 2025
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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.

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[–] pelespirit@sh.itjust.works 140 points 2 days ago (7 children)

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

[–] partial_accumen@lemmy.world 69 points 2 days ago (1 children)

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.

[–] teft@piefed.social 13 points 2 days ago (1 children)

The board doesn't vote on his compensation package, the shareholders do. The pay committee proposes his compensation package to the shareholders and then they all vote on it.

https://fortune.com/2025/10/27/tesla-board-chair-robyn-denholm-shareholders-elon-musk-1-trillion-pay-package/

[–] partial_accumen@lemmy.world 13 points 2 days ago

The board doesn’t vote on his compensation package, the shareholders do.

Are you being willfully ignorant or are you not aware that during a proxy vote, shareholders that don't cast an individual vote let the board vote for them? The VAST MAJORITY of shareholders don't vote. This hands an enormous amount of votes to the board that vote how they want. A proxy vote that goes against the boards recommendation, is very rare in the corporate world.

[–] Ghostalmedia@lemmy.world 30 points 2 days ago (1 children)

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?

[–] Raiderkev@lemmy.world 16 points 2 days ago (8 children)

Don't forget he took the lidar sensors out to make self driving way better. Oh wait

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[–] rumba@lemmy.zip 70 points 2 days ago (3 children)

I love Electric cars and Sattelite internet and Spaceships.

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

[–] BanMe@lemmy.world 34 points 2 days ago (12 children)

These guys actually made me realize satellite grids are not a good idea, they're in places they're not supposed to be and use lights that weren't authorized, meaning about 1/3 of ground-based telescope exposures are being ruined right now. Negative externalities abound.

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[–] MonkeMischief@lemmy.today 14 points 2 days ago* (last edited 2 days ago)

I feel the exact same way about Thiel and "Things Named After Lord of the Rings."

It's so endlessly infuriating watching billionaires actively turn things we care about against us.

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[–] fox2263@lemmy.world 63 points 2 days ago (3 children)

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!!

[–] TankovayaDiviziya@lemmy.world 14 points 2 days ago (1 children)

Musk has kompromats on board of directors and shareholders.

[–] Fenrisulfir@lemmy.ca 21 points 2 days ago (1 children)

They’re all his family and friends

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[–] motor_spirit@lemmy.world 56 points 2 days ago

fuck nazis and fuck musk specifically. weird ass pedo mf

[–] phoenixz@lemmy.ca 56 points 2 days ago (2 children)

It should have cost him all the Tesla sales. The fact that it didn't is creepy and scary

[–] Zink@programming.dev 28 points 2 days ago (4 children)

As a consequence, he's the richest person in the world and Tesla is a 1.5 Trillion dollar company. It has TEN times the P/E of companies like apple, microsoft, and google. More than 5x Nvidia, even.

Why do we live in a world that rewards the worst shit? I mean even Trump is a real billionaire now.

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[–] CubitOom@infosec.pub 49 points 2 days ago (3 children)

Being a nazi is not politics, It's being a fucking nazi.

[–] skisnow@lemmy.ca 19 points 2 days 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

[–] Credibly_Human@lemmy.world 18 points 2 days 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.

[–] CXORA@aussie.zone 14 points 2 days ago

It is politics. Just some political beliefs are fucking evil.

[–] tigeruppercut@lemmy.zip 47 points 2 days ago (1 children)

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 21 points 2 days ago (1 children)

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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[–] theunknownmuncher@lemmy.world 46 points 2 days ago (2 children)
[–] gigachad@piefed.social 23 points 2 days ago (3 children)

I remember all those news articles "Was this a Nazi salute? Can we be sure?" lmao

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[–] YeahIgotskills2@lemmy.world 43 points 2 days ago* (last edited 2 days ago) (1 children)

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.

[–] hayvan@feddit.nl 19 points 2 days 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.

[–] DarkFuture@lemmy.world 41 points 2 days ago* (last edited 2 days ago) (4 children)

Elon Musk’s ~~politics~~ Nazism cost his firm Tesla more than one million EV sales

Fixed it.

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[–] dellish@lemmy.world 37 points 2 days ago (3 children)

"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.

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[–] GaryGhost@lemmy.world 33 points 1 day ago (1 children)

That whole heil Hitler thing was wild, who could forget it

[–] moakley@lemmy.world 22 points 1 day ago (4 children)

The fact that he was still given a position in the White House after he explicitly outed himself as a Nazi is really telling.

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[–] FanciestPants@lemmy.world 31 points 1 day ago
[–] TigerAce@lemmy.dbzer0.com 30 points 2 days ago (10 children)

One million sales? It needs to be all sales. Don't buy swasticars.

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[–] LuxSpark@lemmy.cafe 27 points 2 days ago (5 children)

Just his politics? Not his holistically shitty personally, face, body, vibe and …aura?

[–] TheFogan@programming.dev 21 points 2 days ago (1 children)

I mean... I don't know shit about any other car manufacturers. If I were in the market for an EV, and the specs on a specific car sound best for my needs, and you tell me "Did you know the CEO of that car company, has a terrible personality, face, vibe and aura... I'd probably still buy the car.

If you tell me the CEO of that company did a sig heil, created a group to slash pediatric cancer research, helped get the orange cheeto elected, supports the US republican party and the far right german party, constantly tweets and agrees with great replacement theory posts....

Then yeah I'm not buying that car.

[–] Semi_Hemi_Demigod@lemmy.world 11 points 2 days ago (3 children)

CEOs are generally terrible. Anyone who wants to be in charge should on no account be allowed to be.

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[–] GlitchyDigiBun@lemmy.world 19 points 2 days ago

Nah, tons of savvy, socially-awkward, successfuly ugly mugs exist. This guy's just a tool.

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[–] pineapplelover@lemmy.dbzer0.com 21 points 2 days ago* (last edited 2 days ago) (3 children)

All he had to do was stfu and rake in money. How many other car ceos can you name?

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[–] salacious_coaster@infosec.pub 20 points 2 days ago* (last edited 2 days ago) (1 children)

Meanwhile, in the land that was previously populated mostly by lifted, coal-rolling diesel trucks with "Prius Repellant" decals, Teslas are now everywhere shortly after February 2025 for some fucking reason.

collapsed inline media

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[–] CharlesDarwin@lemmy.world 20 points 2 days ago (3 children)

I get it for those that were stuck in a loan, etc...totally understandable. But yeah, I have no idea why someone would buy his cars knowing what we all know now.

Unless they support Nazis.

I was pricing various solar setups and quite a few options involved the Tesla name. I just cannot imagine putting that on my house, which is likely to be something I hang onto even longer than a car...

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[–] Gates9@sh.itjust.works 18 points 2 days ago (1 children)

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 17 points 2 days ago (5 children)

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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[–] Witchfire@lemmy.world 15 points 2 days ago

So their stock valuation is going to go down to normal levels, right? ...right?

[–] Wispy2891@lemmy.world 14 points 1 day ago (4 children)

Tesla after losing one million ev sales after the actions of the CEO: here's 56 billion and you know what? We're going to give another trillion in pay package to the CEO

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[–] teslasaur@lemmy.world 13 points 1 day ago (9 children)

And yet the stock broke a new record this week.

Waiting for the other shoe to drop. I shorted it since i believed dropped sale would actually bring them back to earth. But clearly it has turned into some meme-stock.

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[–] updn@lemmy.ca 12 points 2 days ago (3 children)

Fascist billionaire is still way too rich. Stupid people still buying nazimobiles

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[–] AlecSadler@lemmy.blahaj.zone 12 points 2 days ago

Needs to be higher. Fuck Elon.

[–] ImADifferentBird@lemmy.blahaj.zone 11 points 2 days ago (3 children)

And he wants $1 trillion to keep burying the company.

And he'll probably get it.

What a world we live in.

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