1. Nearly half of Americans find Tesla's FSD technology should be illegal. 2. 70% prefer LiDAR and cameras for autonomous vehicles, unlike Tesla's system. 3. Trust in Tesla's brand has significantly declined among consumers. 4. Consumers demand accountability for FSD-related accidents and proper advertisement practices. 5. Only 4% see FSD as a reason to buy a Tesla.
The surveys indicating consumer distrust and preference for alternatives suggest serious brand damage. Historical trends show such perceptions lead to declining sales and stock prices, as seen with other automakers during crises.
The article highlights significant consumer concerns about Tesla's FSD technology, impacting public perception and potential sales. Given the direct influence of consumer sentiment on car sales, this will likely ripple into TSLA's stock performance.
Immediate consumer sentiment tends to impact stock prices quickly. As trust erodes, immediate purchasing decisions will be influenced, affecting sales projections and stock performance.