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04/01/2024

Would-be Tesla Buyers Snub Company as Musk's Reputation Dips

This week, the EV maker is expected to report weak quarterly sales

The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk's polarizing persona.

While Tesla continued to post strong sales growth last year, helped by aggressive price cuts, the electric-vehicle maker is expected to report weak quarterly sales, as early as Tuesday.

Caliber's "consideration score" for Tesla, provided exclusively to Reuters, fell to 31 percent in February, less than half its high of 70 percent in November 2021 when it started tracking consumer interest in the brand.

Please select this link to read the complete article from The Washington Post.

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