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Scott Galloway criticized Elon Musk's actions during the Trump administration, labeling them as "one of the greatest brand destructions" for Tesla. He noted that Musk's alignment with Trump supporters alienated Tesla's core electric vehicle customers, leading to a significant drop in the brand's reputation and sales across Europe. By April, Tesla reported a 71% decline in profits, prompting Musk to announce a reduction in his government role.
Scott Galloway criticized Elon Musk's political involvement, claiming it led to "one of the greatest brand destructions" for Tesla, which saw a significant drop in reputation and sales across Europe. Musk's alignment with Republicans alienated EV customers, with Tesla's sales plummeting by up to 81% in some countries. Following a 71% dip in profits, Musk announced he would reduce his role in the controversial DOGE initiative after discussions with Tesla investors.
Marketing professor Scott Galloway criticized Elon Musk's involvement with the Trump administration, labeling it "one of the greatest brand destructions" for Tesla. He noted that Musk's alignment with a demographic largely uninterested in electric vehicles has led to a significant decline in Tesla's reputation and sales across Europe. Following a 71% profit drop, Musk announced he would reduce his role in the controversial government efficiency initiative known as Doge.
Elon Musk is seen as potentially more influential than Rupert Murdoch in shaping American politics, with concerns about his deep ties to the government and control over critical technologies like Starlink. Experts warn that reliance on a single provider for satellite communications poses risks, urging Australia to secure independent capabilities. Meanwhile, political analysts question the effectiveness of Australia's relationship with the U.S. under President Trump, emphasizing the need for democratic nations to strengthen their alliances to support global stability.
Elon Musk's involvement in the newly created Department of Government Efficiency (DOGE) has raised concerns about potential state capture and conflicts of interest, as he wields significant influence over federal spending and policy. Critics argue that his role, appointed by President Trump, allows for unchecked power and prioritizes the interests of billionaires over public good. Despite claims of transparency and savings, skepticism remains about the agency's true impact and Musk's ultimate goals.
Elon Musk is reportedly criticizing President Donald Trump’s $500 billion AI infrastructure investment, suggesting that his opposition stems from not being involved in the project. CNN contributor Kara Swisher discussed this dynamic during an appearance on Anderson Cooper's show.
Kara Swisher
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