According to the CNBC All-America Economic Survey, 50% of those surveyed have a negative view of Musk, while 47% have a negative view of Tesla itself.
Elon Musk Polarizes Americans, New CNBC Poll Finds
Conducted between April 9 and April 12, the poll shows that just 27% of participants feel positively about Tesla, with 24% neutral about the Austin, Texas-based company.
Similarly, just 36% saw the SpaceX CEO in a positive light, while 16% felt neutral toward him.
The results of CNBC’s latest poll could indicate waning support for the Department of Government Efficiency (DOGE) head and high-profile crypto investor amid his new role as a special government employee under U.S. President Donald Trump’s administration.
Tesla Profits Plummet, Q1 Report Shows
On Tuesday, Tesla posted a 71% plunge in profits for Q1 2025, with first quarter revenue down by 9% from the year prior.
Uncertainty in the automotive and energy markets continues to increase as rapidly evolving trade policy adversely impacts the global supply chain and cost structure of Tesla and our peers,” Tesla said in its first earnings report of the year.
“This dynamic, along with changing political sentiment, could have a meaningful impact on demand for our products in the near-term,” the organization added.
Tesla stock is down over 40% year-to-date, with several attacks launched against the electric car company’s dealerships, vehicles and charging stations in recent months.
During a town hall backed by his crypto-friendly America PAC, Musk acknowledged how his political involvement has affected his businesses.
“My Tesla stock, and the stock of everyone who owns Tesla, has roughly halved,” he said at the event hosted by his crypto-friendly America PAC. “I mean, it’s a big deal.”
A new survey conducted by CNBC published on Tuesday shows that nearly half of Americans have a negative view of tech billionaire Elon Musk and his electric automobile company Tesla.
According to the CNBC All-America Economic Survey, 50% of those surveyed have a negative view of Musk, while 47% have a negative view of Tesla.
New CNBC survey finds Elon Musk polarizes Americans
The survey, conducted between April 9 and April 12, shows that only 27% of participants feel positive about Tesla, while 24% are neutral about the Austin, Texas-based company.
Similarly, only 36% viewed the SpaceX CEO positively, while 16% felt neutral towards him.
CNBC's latest survey results may indicate waning support for the head of the Department of Government Efficiency (DOGE) and high-profile crypto investor amid his new role as a special government employee under US President Donald Trump's administration.
Tesla profits drop, Q1 report reveals
On Tuesday, Tesla reported a 71% drop in profits for Q1 2025, with first-quarter revenue down 9% compared to the previous year.
"Rapidly evolving trade policy continues to adversely impact Tesla and our peers' global supply chain and cost structure, increasing uncertainty in the automotive and energy markets," Tesla said in its first earnings report of the year. "This dynamic, combined with changing political sentiment, could have a meaningful impact on demand for our products in the near future," the organization added. Tesla's stock has fallen more than 40% so far this year, with the electric car company's dealerships, vehicles and charging stations being hit by multiple attacks in recent months. During a town hall supported by his Crypto-Friendly America PAC, Musk acknowledged how his political involvement has affected his businesses. “My Tesla stock, and everybody else’s stock that owns Tesla, has dropped by about half,” he said at the event hosted by his Crypto-Friendly America PAC. “I mean, it’s a big deal.”
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