Has Elon Musk’s political stint hurt his business?
Musk’s White House stint saw Tesla’s stock dip 20% since January, even as his net worth climbed to $419 billion. Sales in China and California plunged by 29% and 31% respectively. Public backlash intensified, with 58% of Americans holding an unfavourable view of Musk, directly impacting his companies’ reputations and performance.