LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Tesla loses corporate sales over Elon Musk ‘going against Tesla’s mission’

Robert Frost by Robert Frost
August 6, 2024
in Industries
Tesla loses corporate sales over Elon Musk ‘going against Tesla’s mission’
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Elon Musk Game of Thrones FI

Tesla loses corporate sales in Germany over what a firm sees as CEO Elon Musk going against Tesla’s mission to accelerate the advent of sustainable energy.

Tesla was originally founded with the mission of “accelerating the advent of electric transport,” which later evolved to “the advent of sustainable energy.”

You might also like

Sends shares Q1 2026 business update and product progress

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

Why the economy could be spared 2022-style inflation despite high oil prices

However, many people have raised questions about CEO Elon Musk’s commitment to Tesla’s mission in recent years.

He sold tens of billions worth of Tesla stocks to buy Twitter, fired Tesla’s charging team who built the best EV charging network in the world, killed cheaper EV programs, “fully endorsed” a candidate for US elections who has been actively working against Tesla’s mission, and called for the end of EV incentives, which Tesla benefited from greatly but are now more needed for other EV startups.

Many former Tesla fans have stated that they don’t plan to support the company any longer due to Musk’s lack of support for the mission. Some analysts are trying to assess whether this is starting to have an impact on Tesla’s sales.

Now, a company in Germany has confirmed that it does as it announced that will stop buying Tesla vehicles for its fleet directly due to Elon Musk.

Rossmann, one of the largest pharmacy chains in Europe, announced in a press release today:

ROSSMANN will not purchase any more Tesla vehicles for its fleet with immediate effect. This decision is based on the incompatibility between the statements of Tesla CEO Elon Musk and the values ​​that Tesla represents with its products.

Raoul Roßmann, spokesman for the company, commented:

Elon Musk makes no secret of his support for Donald Trump. Trump has repeatedly described climate change as a hoax – this attitude is in stark contrast to Tesla’s mission to contribute to environmental protection through the production of electric cars.

Rossmann has purchased many Tesla vehicles as part of its fleet electrification initiatives. It confirmed that it will keep these vehicles for “sustainability and resource conservation” reasons, but it will not purchase any more Tesla vehicles.

Electrek’s Take

It’s pretty wild that a large company like that would issue a press release specifically to call out the CEO of one of its suppliers.

But it does show that Elon’s latest action is having a direct impact on its sales.

That’s why CEOs of major consumer companies tend not to get involved too much in politics, but Elon is way past that now. He thinks he is on a holy mission to stop the woke left, or he is stoking up the culture wars because he happens to use a media platform that benefits from the division, vitriol, and nonsense that comes with culture wars.

Either way, I think Rossmann is right. He doesn’t seem to be really aligned with Tesla’s mission anymore.

FTC: We use income earning auto affiliate links. More.

[ad_2]

Source link

Share30Tweet19
Previous Post

Credit card debt hits record $1.14 trillion, New York Fed research shows

Next Post

This labor data trend is a ‘warning sign,’ economist says. Here’s why

Robert Frost

Robert Frost

Recommended For You

Sends shares Q1 2026 business update and product progress
Industries

Sends shares Q1 2026 business update and product progress

April 14, 2026
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
Industries

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

April 14, 2026
Why the economy could be spared 2022-style inflation despite high oil prices
Industries

Why the economy could be spared 2022-style inflation despite high oil prices

April 14, 2026
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
Industries

Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested

April 13, 2026
Next Post
This labor data trend is a ‘warning sign,’ economist says. Here’s why

This labor data trend is a 'warning sign,' economist says. Here's why

Related News

AI can create Caucasian faces that look more real than actual humans – study

AI can create Caucasian faces that look more real than actual humans – study

November 14, 2023
Arteta: I don’t know when, but Arsenal will win the title again

Arteta: I don’t know when, but Arsenal will win the title again

May 19, 2024
Even U.S. presidents make mistakes with their money, author says. Here’s how some struggled

Even U.S. presidents make mistakes with their money, author says. Here’s how some struggled

November 14, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?