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TSLA
The Guardian
155 days

‘Tesla is a good target': Elon Musk's car business is focus of fury for political role

1. Widespread protests occurred at Tesla dealerships across major US cities. 2. Tesla sales have plummeted significantly in Europe and Australia. 3. Musk's net worth has decreased while Tesla's stock price halves since December. 4. Protest actions include vandalism and declining customer visits to dealerships. 5. Support for protests appears strong among passersby, including Tesla owners.

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FAQ

Why Very Bearish?

The significant protests and declining sales indicate a loss of consumer confidence. Historically, similar social movements have negatively influenced stock prices in the short-term.

How important is it?

The protests highlight a significant backlash against Tesla and its leadership that could deter investors. Ongoing criminal investigations and vandalism create a negative perception around the brand.

Why Short Term?

Immediate protests can affect sales and investor sentiment, impacting TSLA's stock price quickly. Similar protests in the past have shown a fast-tracked stock decline.

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