Tech
Tesla flooded
A Tesla stranded in floodwater after heavy rainfall (Fatih Aktas/Getty Images)

The public’s impression of Tesla has sunk to its lowest levels ever

Tesla’s image is especially bad among moderates and liberals.

Tesla’s stock price isn’t the only thing that’s taken a dive recently.

Americans’ overall impression of the company is more negative than ever, according to data shared with Sherwood News by YouGov, a market research company that continually surveys people on how they perceive different brands. Indeed, carmaker’s reputation is at its lowest point since YouGov began tracking Tesla back in 2016 — not good news for a company already struggling with sales.

Americans’ opinions of Tesla started falling precipitously in the spring of 2022, around the time CEO Elon Musk initiated his purchase of Twitter. It hit negative territory — meaning more Americans had a negative impression of the company than a positive one — in the summer of that year, right before the acquisition went through and as his politics moved more vocally to the right.

Since then, Musk has aligned himself firmly with now President Donald Trump and has begun slashing federal budgets and head counts as the leader of an extragovernmental organization he named the Department of Government Efficiency. If the general public’s perception of Tesla is any indication, they don’t like what he’s been up to.

Of course, Americans’ opinions vary by political affiliation. Only among conservatives does Tesla have a positive net impression score, at about 7. For comparison, Americans’ average net impression of all carmakers is quite a bit higher, at 17.

Tesla’s net impression among moderates is -9 and a lowly -35 among liberals. Population-wide, Tesla is at -12.8, the lowest on record.

Trump’s recent Tesla purchase aside, Musk’s move into partisanship probably won’t do his car company many favors among consumers. As JPMorgan noted this week, Musk is mostly alienating Democrats — the very people most likely to buy EVs in the first place.

More Tech

See all Tech
tech

Amazon expands low-price Haul section to 14 new markets as Amazon Bazaar app

Amazon is expanding its low-cost Amazon Haul experience to a new stand-alone app called Amazon Bazaar.

Amazon launched its Temu and Shein competitor a year ago as a US mobile storefront on its website and has since expanded to about a dozen markets. Consumers could purchase many items for under $10, as long as they were willing to stomach longer delivery times.

Now, thanks to success in those places, the programming is expanding to 14 new markets — Hong Kong, the Philippines, Taiwan, Kuwait, Qatar, Bahrain, Oman, Peru, Ecuador, Argentina, Costa Rica, the Dominican Republic, Jamaica, and Nigeria — with a new app and name: Amazon Bazaar.

“Both Amazon Haul and Amazon Bazaar deliver the same ultra low-price shopping experience, with different names chosen to better resonate with local language preferences and cultures,” the company said in a press release.

Now, thanks to success in those places, the programming is expanding to 14 new markets — Hong Kong, the Philippines, Taiwan, Kuwait, Qatar, Bahrain, Oman, Peru, Ecuador, Argentina, Costa Rica, the Dominican Republic, Jamaica, and Nigeria — with a new app and name: Amazon Bazaar.

“Both Amazon Haul and Amazon Bazaar deliver the same ultra low-price shopping experience, with different names chosen to better resonate with local language preferences and cultures,” the company said in a press release.

map of big tech undersea cables

Big Tech’s most important infrastructure is at the bottom of the sea

While data centers on land are getting all the attention, Big Tech’s vast network of undersea fiber-optic cables carry 99% of all international network traffic.

1M

After watching small drones reshape the battlefield in Ukraine, the US Army has announced plans to buy 1 million drones over the next two to three years, according to a report from Reuters.

The military threat of China’s dominance of the quadcopter-style drone industry is also driving the decision. But China’s control over much of the supply chain for drones, including rare earth magnets, sensors, and microcontrollers, will make it much harder for American drone manufacturers to catch up.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.