Tesla(US:TSLA) Di Yi Cai Jing·2025-10-29 05:40Core Insights - Elon Musk's recent political low profile is attributed to the backlash from his previous high-profile political involvement, which negatively impacted Tesla's sales [1][5] - The relationship between Musk and Trump has evolved from conflict to a more amicable connection, potentially influencing future elections [3][4] Group 1: Political Dynamics - Musk was the largest individual donor to Trump's 2024 campaign, contributing $277 million and establishing a Super PAC [3] - Tensions escalated between Musk and Trump due to political disagreements, particularly regarding the "Big and Beautiful" legislation [3][4] - Their relationship saw a turning point during a memorial event in September, where they appeared together, indicating a potential reconciliation [3][4] Group 2: Business Implications - A recent study from Yale indicates that Musk's partisan political behavior could have led to a 67% to 83% increase in Tesla's sales, translating to an additional 1 to 1.26 million vehicles sold from October 2022 to April 2025 [1][5] - Tesla's sales have been adversely affected as environmentally conscious Democratic buyers have distanced themselves from the brand, leading to a 17% to 22% increase in competitors' electric and hybrid vehicle sales [5] - Since May, Musk has shifted focus back to his companies, including SpaceX and Neuralink, which may positively influence public sentiment towards Tesla [5][6] Group 3: Financial Performance - Tesla's stock price has rebounded to $460.55, more than doubling from its low of $220 earlier this year, with a market capitalization of $1.44 trillion [7] - The company's Q3 revenue reached $28.1 billion, a 12% year-over-year increase, surpassing Wall Street expectations, although net profit fell by 37% due to pricing strategies and investments in AI [7]