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Scott Galloway, a distinguished advertising and marketing professor at New York College, says Elon Musk’s hyperlinks to the cost-cutting White Home DOGE Workplace fueled “one of many biggest model destructions” of all time.
Talking on an episode of the Pivot podcast, which he cohosts with journalist Kara Swisher, Galloway stated Musk’s position with the company had taken a serious toll on Tesla.
“Tesla was an important model,” Galloway stated.
“The rivers have reversed and the tide has turned completely towards him,” he continued, citing a latest Axios Harris ballot that confirmed Tesla had plummeted from eighth place within the rating of America’s 100 most seen firms in 2021 to ninety fifth in 2025.
Galloway attributed Tesla’s points to Musk alienating the corporate’s core buyer base along with his flip towards politics over the past yr.
In the USA, the Tesla CEO spent thousands and thousands backing Trump’s presidential marketing campaign and was virtually inseparable from him through the transition. He then grew to become the general public face of DOGE, an advisory physique tasked with decreasing authorities spending.
Whereas Musk grew to become a hero to a lot of Trump’s supporters, the picture of a tech billionaire wielding a lot energy additionally sparked a backlash, which principally focused Tesla.
Tesla reported a 71% drop in earnings per share yr over yr throughout its earnings name in late April and has confronted widespread protests at its dealerships and showrooms.
“He is a superb man, however he is alienated his core demographic,” Galloway stated on Friday. “He is alienated the fallacious folks. Three-quarters of Republicans would by no means think about shopping for an EV. So he is cozied as much as the individuals who aren’t excited by EVs.”
Throughout Tesla’s latest earnings name, Musk stated he deliberate to step again from his work with DOGE and refocus on the businesses that made him a family identify. He reiterated that on Saturday.
“Again to spending 24/7 at work and sleeping in convention/server/manufacturing facility rooms,” Musk wrote on X after the platform had battled with widespread outages.
“I have to be tremendous centered on 𝕏/xAI and Tesla (plus Starship launch subsequent week), as we’ve got crucial applied sciences rolling out.”
The SpaceX CEO additionally instructed an viewers on the Qatar Financial Discussion board on Tuesday that he deliberate to spend “so much much less” on political campaigns sooner or later.
“If I see a cause to do political spending sooner or later, I’ll do it,” Musk clarified. “I don’t at the moment see a cause.”