Key Takeaways:
- Activists plan global protests against Elon Musk’s political involvement.
- Tesla stock struggles as critics call for Musk to focus on the company.
- DOGE backlash adds to the pressure on the EV maker.
- A global “Day of Action” is set for Saturday, with protests in multiple cities.
What’s Happening?
Elon Musk, the CEO of Tesla, is facing growing backlash over his involvement in politics. Activists and investors are calling for him to focus more on running Tesla, especially as the company’s stock has taken a hit recently.
One major issue causing trouble is Musk’s association with DOGE, a cryptocurrency. Many people feel Musk’s support for DOGE has distracted him from Tesla’s goals. As a result, Tesla’s stock has suffered, and critics are not happy.
To make their voices heard, activists are organizing a global protest called the “Tesla Takedown.” This “Day of Action” will take place this Saturday in cities like New York, London, Vancouver, and Hamburg.
Why Are People Protesting?
Activists and investors are unhappy for a few reasons:
- Musk’s Political Involvement: Many believe Musk is spending too much time on politics and not enough on Tesla. Critics argue this has hurt the company’s performance.
- DOGE Backlash: Musk’s support for DOGE has been controversial. Some investors feel his focus on cryptocurrency is taking attention away from Tesla’s electric vehicle business.
- Stock Troubles: Tesla’s stock has dropped recently, and some blame Musk’s distractions. Investors want him to refocus on the company’s core mission.
What’s Next?
The “Day of Action” this Saturday is the latest push to hold Musk accountable. Protesters hope to draw attention to their concerns and push for change.
“When leaders like Musk get distracted, it affects everyone who depends on their companies,” said one activist. “We want Tesla to thrive, but that means Musk needs to stay focused.”
Will these protests make a difference? Only time will tell. For now, the pressure on Musk and Tesla continues to grow.
(This article is part of Digital Chew’s ongoing coverage of Elon Musk, Tesla, and the EV industry. Stay tuned for updates.)