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About half of Individuals have a adverse view on Tesla and Elon Musk, CNBC survey finds

by Index Investing News
April 22, 2025
in Markets
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SpaceX CEO Elon Musk attends a cupboard assembly held by U.S. President Donald Trump on the White Home on March 24, 2025.

Win McNamee | Getty Pictures

The broad public and buyers have one thing in widespread nowadays: They do not have numerous love for both Tesla or CEO Elon Musk.

Tesla’s inventory has undergone a withering sell-off, and the CNBC All-America Financial survey finds greater than 47% of the general public have a adverse view of the corporate. One other 27% are optimistic on the electrical car maker, whereas 24% are impartial. That compares with a 3rd of the general public who’ve a optimistic view of Common Motors with 51% impartial and 10% adverse.

Tesla has been beneath strain with concern that its founder’s controversial political actions in reducing authorities employment and backing President Donald Trump and Republicans might be alienating potential patrons. Protests have sprung up throughout the nation at Tesla workplaces.

The survey discovered Musk to be a extremely polarizing determine. Half of the general public has a adverse view of Musk, in contrast with 36% who see him positively and 16% who’re impartial. Amongst Democrats, Musk’s web approval (optimistic minus adverse) is -82 and -49 for independents. GOP respondents are +56.

The most important downside for Tesla could also be that many teams who’re potential clients are way more optimistic about electrical autos than they’re concerning the firm.

“The place Tesla is strongest is among the many individuals least probably to purchase an EV,” stated Micah Roberts, accomplice at Public Opinion Methods, the Republican pollster for the survey.

Total, 35% of Individuals are adverse on EVs and 33% are optimistic. Males, nonetheless, are +11 in web approval of EVs however evenly divided on Tesla. Younger individuals aged 18-34 are +19 on EVs however -23 on Tesla. The hole is most stark amongst Democrats, who’re +20 on EV’s however -74 on Tesla.

Additional complicating the problem: Republicans are strongly optimistic on Tesla, however web adverse on EVs.

The survey of 1,000 individuals nationwide was carried out April 9 via April 13 and has a margin of error of +/-3.1%.

Tesla didn’t instantly reply to a request for remark.

Don’t miss these insights from CNBC PRO



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