News keeps getting worse and worse for Trump henchman Elon Musk

News keeps getting worse and worse for Trump henchman Elon Musk

  • 18.03.2025 16:40
  • nj.com
  • Keywords: Cybertruck, Tesla

Elon Musk faces growing challenges as Tesla Cybertruck deliveries are delayed due to issues with panels "flying off" vehicles, while protests against his businesses persist amid public backlash and political support from President Trump.

Tesla ReportsTSLAsentiment_dissatisfiedJPM/PJsentiment_dissatisfied
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Estimated market influence

Tesla

Tesla

Negativesentiment_dissatisfied
Analyst rating: Neutral

Deliveries of Tesla Cybertrucks are being delayed due to issues with panels flying off the vehicle. Additionally, Tesla is facing a decline in deliveries and negative public sentiment towards Elon Musk.

JPMorgan

Negativesentiment_dissatisfied
Analyst rating: —

JPMorgan analysts predict a significant drop in Tesla's Q1 2025 deliveries compared to Q1 2024, indicating financial challenges for the company.

Context

Analysis of Business Insights and Market Implications

Cybertruck Delivery Delays

  • Issue: Reports of panels "flying off" Tesla Cybertrucks have led to delivery delays.
  • Impact: At least 8 Cybertruck owners reported delayed deliveries on the Cybertruck Owners Club forum, with many more reporting issues on X and Facebook.
  • Recall History: A June 2024 recall involved black plastic trim that could detach while driving.

Declining Sales and Stock Performance

  • Delivery Forecast: JPMorgan predicts Tesla's Q1 2025 deliveries will drop by 8% from Q1 2024, marking the lowest since Q3 2022.
  • Stock Drop: Tesla stock fell on March 18, 2025, reflecting broader market concerns.

Protest and Boycott Impact

  • Protests: Tesla dealerships nationwide have faced protests tied to political backlash against Elon Musk's role in Trump's administration.
  • Public Backing: President Trump announced he would purchase a new Tesla to show support, but public sentiment remains negative, with 53% of Americans viewing Musk unfavorably.

Competitive Dynamics

  • Market Position: Ford and General Motors are investing heavily in EVs, positioning themselves to capitalize on potential Tesla vulnerabilities.
  • Brand Image: Negative public perception could harm Tesla's long-term market share and customer loyalty.

Regulatory and Long-Term Implications

  • Potential Risks: Ongoing quality issues may lead to additional recalls or regulatory scrutiny.
  • Strategic Considerations: Tesla must address manufacturing flaws and improve public relations to maintain its competitive edge.

This situation highlights significant challenges for Tesla, including operational inefficiencies, declining sales, and reputational damage, which could have long-term effects on its market position.