Elon Musk is at the core of the $15,000,000,000 decline in Tesla’s worth.

 

Last year, Tesla’s stock price skyrocketed by 63 percent, reaching a record high in December after Donald Trump won the election in November.

However, CEO of Brand Finance David Haigh said that there are drawbacks to Musk’s public antics, including the fact that he was twice accused of giving a “Nazi salute”

At President Trump’s inauguration on Monday. “There are people who think he’s wonderful, but many that don’t,” Haigh said.

“His image is likely to influence your decision to purchase an electric vehicle from his company, but it’s just one of many important considerations.”

Brand Finance examined responses from over 175,000 survey participants globally, of whom 16,000 expressed opinions regarding Tesla.

 

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