President Donald Trump’s recent purchase of a red Tesla Model S has garnered significant attention, but it may not have the desired effect on the company’s sales. A recent poll suggests that most people are unlikely to purchase a Tesla, despite Trump’s endorsement.
The Poll Results
The poll asked respondents how Trump’s purchase of a Tesla would affect their view of the company. The results were as follows:
- I will never own a Tesla: 53%
- I’m more likely to buy a Tesla: 23%
- I’m less likely to buy a Tesla: 14%
- I already own a Tesla: 10%
Minimal Impact on Sales
The poll results may be bad news for Tesla fans and investors, as the majority of respondents stated that they will never own a Tesla. However, 23% of undecided non-Tesla owners said they are more likely to buy a Tesla, while 14% said they are less likely to do so.
Why It Matters
Trump’s purchase of the Tesla was seen as a way to support his ally, Elon Musk, amid mounting protests and boycotts against the company. Tesla’s sales have dropped sharply in recent weeks, with demonstrations and vandalization of the company’s vehicles, dealerships, and charging hubs. The company’s sales have also declined in Europe, China, and Australia.
Trump’s Sales Pitch
Trump announced that he was buying the Tesla to support Musk, and he hopes that his purchase will help boost the company’s share price. He also showed off various Tesla models at a White House event, with notes on prices and specs. However, a recent report suggests that Trump’s purchase and event have had a minimal impact on Tesla’s sales and demand.
What’s Next
Tesla’s first-quarter sales figures, which will include the month of March, will be closely watched given the boycotts, sales declines in Europe, and Trump’s sales pitch. The company’s ability to bounce back from its recent struggles will be crucial in determining its future success.