- As turmoil at the social media company continues to unfold, Future Fund Managing Partner Gary Black, whose company owns $50 million of Tesla stock, said that markets show the Tesla brand “has been negatively impacted by the Twitter drama.”
- Although electric vehicle buyers were once “proud to drive their Teslas to their friends or show off Teslas in their driveways,” the controversial takeover of Twitter is “hurting Tesla’s brand equity.”
- Net favorability of Tesla among Democrats decreased 20.3 percent between October and November, the time frame of Musk’s Twitter purchase, according to a survey from Morning Consult.
