Tesla(US:TSLA) Benzingaยท2025-10-28 08:24Core Insights - Elon Musk's political actions have significantly impacted Tesla's sales, with estimates suggesting a loss of over 1 million unit sales in the U.S. due to his polarizing views [2][3]. Group 1: Impact on Sales - Research indicates that between October 2022 and April 2025, Tesla could lose up to 1.26 million unit sales, which represents 67% to 83% of the actual sales during that period [3]. - Competitors have benefited from Musk's political stance, with their sales increasing by 17% to 22% since October 2022 [3]. Group 2: Political Involvement - Musk has been an active supporter of right-wing politics, reportedly contributing over $250 million to Donald Trump's campaign for the 2024 Presidential Election [4]. - His relationship with the Trump administration soured due to policies affecting electric vehicles, which resulted in significant revenue losses for Tesla [5]. Group 3: Criticism and Market Response - Criticism has emerged from political figures like Bernie Sanders, who has condemned Musk's wealth accumulation and his political affiliations [7]. - Musk's compensation package has received mixed reactions from the market, with some investors supporting it while others express discontent [7]. Group 4: Product Performance - The Tesla Model Y has become the best-selling vehicle in Europe for September 2025, selling 25,938 units, despite a reported decline in Tesla's overall sales in the region [8].