on Tuesday, suggesting that Musk's political shift to the right has put him at odds with Tesla's core customer base, which he described as wealthy, environmentally conscious liberals.
"Tesla is an expensive luxury car, but zero-emission, and until the other day Elon Musk seemed like a cool guy who does space travel while hanging out with singers and Westworld actresses," Krugman said."So owning a Tesla was, to be crude but I think accurate, a way to say 'I'm rich but I'm woke.'" "Apparently, however, Musk didn't get his own memo," Krugman continued."Instead he's gone full MAGA, turning off exactly the people who might buy his cars. Stupid? Unable to control his impulses? Probably both."
Tesla shares have plunged by more than 70% from their peak in November 2021, slashing the automaker's market capitalization from over $1.2 trillion to under $400 billion. While the striking decline might partly be a reaction to Musk's politics, there are clearly other factors at play.
Musk has always demonstrated a conservative persona, aerospace, high -end electric car, hyper-loop, backup batteries, etc. And, all of this from within Democrat dominated California and the crazies in charge including the law of Ca. who are so, silent on the brainwashing.
Paul Krugman rarely gets anything correct. He’s just being a talking head for his Democrat friends.
Krugman weighs in for the right of the merger of corporations and state to silence dissent
I disagree
That’s still better than being a liberal.
Krugman is good guy but bigmouth certain times...
He is more than conservative. He’s arrogant and racist.
Oh no, another irrelevant opinion from left wing hack, Paul Krugman. “Nobel Laureate” lol what a joke
How many times must we see this rubbish tweet
Conservative are in the majority but the problem is they are not as radical or facial as the liberal left. Elon has the testicular fortitude to say what’s on many people minds!! Keep on going Elon!!!
Give us a follow for news on spying & terrorism. We tweet daily. BFBT_ PeopleWatching
Paul Krugman perfectly demonstrates the hostility of the self professed 'progressives' to anyone with different opinions and views.
He’s really damaged his whole goal of establishing a Mars Colony. Many would be hesitant to live under his authority based on how he has behaved in the last few months. This was his biggest goal for ages and it is slipping from him.
What ever happened to his promise of being “politically neutral”? 🤣
Beginning to believe Musk is not a good business man at all! We believed he was but we were all wrong. Just as bad a business man as he is running Twitter!
Not sure why he thought alienating, and insulting his main customer base would be good for Tesla.
Good.
elonmusk i have seen you talk with reasoning about republican and democrat = they are problem in the 2 stay in the middle i think is where you belong, and you will help more people understand politics POTUS45 is a cower = he blame others for his doing=not a warrior
It has nothing to do with his politics. Being a jerk and ahole is what's hurting his brand.
Again garbage article that is littered with errors. Musk is not MAGA. MAGA is a populist movement not conservative.
So conservative that he voted for Clinton and Biden
Never thought i agree something krugman says,
The New Potus
Then wait till he runs for president
诺贝尔奖得主保罗·克鲁格曼表示，埃隆·马斯克的保守政治正在损害他的个人品牌，疏远特斯拉的主要客户
Respectfully: this is BS
Running twitter via user polling and firing all the competent employees doesn’t help either.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk has lost $132 billion in 2022 after Tesla stock's 68% crashElon Musk has lost $132 billion in 2022 after Tesla's 68% crash - but that still makes him the world's 2nd richest person How much has Zuckerberg lost Beyond sweet! Who's the first?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Krugman compares Tesla stock to bitcoin, takes aim at Elon MuskNobel laureate Paul Krugman compares Tesla to bitcoin — and says he wouldn't trust Elon Musk to feed his cat Tesla is a centralized company with a centralized leader who can make rash decisions on a dime. Bitcoin is a monetary protocol that basically cannot be altered. They are not even remotely in the same stratosphere. Interesting. Looks like the Nobel isn't worth anything anymore
Source: BusinessInsider - 🏆 729. / 51 Read more »