The dominant EV maker in the nation is now a partisan lightning rod that’s losing value fast. But a weakened giant can cause harm regardless of politics.
When people are protesting at an automaker’s retail locations because of the CEO’s political actions, when that automaker’s sales are plummeting around the world, when that company’s vehicle lineup is sorely in need of a hot new model or redesign that isn’t coming any time soon, and when that company’s market valuation is based largely on the promise of technological advancements that have yet to be demonstrated, that company is in trouble.
Published on March 24, 2025 15:21