Dan Ives warns company is in ‘brand tornado crisis moment’ as protests are planned at car showroomsBusiness live latest updatesTesla and Elon Musk are embroiled in a “brand tornado crisis moment” and the electric carmaker’s chief executive needs to cut back on his work for Donald Trump to stem the damage, one of the company’s biggest supporters has said.The warning came as Tesla announced a recall of 46,000 Cybertrucks in the US on Thursday to fix an exterior panel that could detach while driving. Continue reading...
A Tesla backer urges Elon Musk to reduce his work with Donald Trump due to brand damage and declining Tesla stock value, exacerbated by Musk's role in "Doge" and a recent recall of 46,000 Cybertrucks. Protests are planned at Tesla showrooms globally, and Tesla was removed from the Vancouver International Auto Show due to security concerns. The backer suggests Musk balance his roles and outline plans for new vehicles and self-driving technology to address the "brand tornado crisis moment".
