Who the hell did Musk think was buying Teslas, Trump's base?
Arguably, a large percentage of his customer base was liberal, left wing, bedwetter, sympathizers. Of course they are going to say, "Fuck Tesla". I wouldn't think it even started as an organized boycott.
That was my point. In the US at least, nobody is being forced to buy an EV so it's got to be people who saw them as demonstrating concern from the environment. and pollution. It's all part of a 'lifestyle' and yes, I'm sure in the case of some (especailly early) buyers, virtue signalling.
So a president whose mantra was 'drill, drill, drill' is at odds with that whole aesthettic. Someone who has dismissed climate change.
I note in the US states with the strictest environmental controls, Tesla sales have suffered the most. There market share once overwhelming dropped from 60.2% to 50.2% in the last year alone. I guess because theree are more options but also since Elon Musk became someone who one would wish to be associated with,
It;'s EUROPE where, from 2030, ALL new cars have to be emissions-free. Europe is the single largest potential market for Tesla. So a trade war is not going to help. BTW China WAS the second largest market for Tesla but their government likely welcomes tarriffs on that score as it means Chinese buyers whill choose Chinese marques.
Not forgetting that China heavily invested in battery technology and I believe Tesla batteries are mostly made in Japan and China. So I'm not sure how tarriffs would impact prices. But China artifically keeps the yuan weak so they can possibly export there own marques to the US even if there are tarriffs.
Taking a wider view, Donald Trump has instituted tarriffs and 9AM and by 1PM of the same day, has reversed the decidion. ALL businesses fear uncertaintly above all else. So as it is, they won't be investing ANYWHERE because it's not clear if manufactuting within the US is worth the investment if the US is heading into a self-made recesstion. I know the Dow Jones dropped 10% in a week and analysts suggest that this is a 'correction' rather than a blip - but I'm the first to say that analysts only need to be right slightly more than they are wrong to be considered valuable. I learnt that even the BEST traders in the UK only profit on 52% of trades. But that's still enough for them to make a lot of money over the long-term.
Geopolitics is complex.
I always ask the oldest question 'Cui bono?' i.e. who gains from a disunited west and particularly a fractured NATO. US isolationism has a long but not very glorious history.