Some of that loss may be because of disappointing news about the Cybertruck’s pricing and availability.
But some may also reflect renewed concern about Elon Musk’s latest comments, made at the DealBook Summit this week, and whether his self-inflicted damage at X is distracting from his other businesses.
Advertisers aren’t impressed by Musk’s recent tirade.
On Wednesday, he asserted that brands were trying to “blackmail” him by suspending their advertising after he endorsed an antisemitic conspiracy theory on X.
“There is no advertising value that would offset the reputational risk of going back on the platform,” Lou Paskalis, the founder and C.E.O.
Persons:
Tesla’s, Elon Musk’s, aren’t, Musk’s, ”, Lou Paskalis
Organizations:
Tesla, AJL, Times