#TeslaTakeDown movement gains traction, impacting Tesla's stock

forbes.com

Anti-Tesla sentiment is growing, with the #TeslaTakeDown movement gaining traction on social media. This has led to a 15% drop in Tesla's stock last week, as protests target CEO Elon Musk's controversial actions and statements. Critics are using social media to express their dissatisfaction, with some selling their Tesla vehicles. While Musk promotes free speech, there are concerns about how he might limit criticism on his platform, X, which he owns. Other social media platforms like Meta and TikTok are unlikely to suppress anti-Tesla content unless it violates their policies. The situation highlights the challenges of managing corporate reputation in the digital age, especially when a CEO's behavior influences public perception.


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