icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Elon Musk's Approval Rating Plummets Amid Political Controversy and Tesla's Struggles

Wallstreet InsightSunday, Mar 16, 2025 11:44 pm ET
3min read

Elon Musk, the billionaire entrepreneur behind tesla, SpaceX, and X, has long been a polarizing figure. Known for his ambitious ventures and outspoken personality, Musk's public image has fluctuated over the years. However, recent data indicates a sharp decline in his approval rating, raising questions about the factors driving this downturn and its potential impact on Tesla's stock price.

Current Approval Rating and Stats: A Steep Decline

Elon Musk, appointed to lead the Department of Government Efficiency with the mission of downsizing the federal workforce, faces significant public doubt regarding his qualifications.

As of March 2025, Elon Musk's approval rating has taken a notable hit. A CNN/SSRS poll conducted in early March 2025 reveals that Musk's net favorability rating stands at -18%, with only 35% of respondents viewing him favorably compared to 53% who view him unfavorably. This marks a significant decline from previous polls, positioning Musk's public image at one of its lowest points in recent years.

Over 60% of surveyed individuals believe he lacks the experience and judgment necessary to execute Trump's ambitious overhaul of the federal government. Opinions on Musk's capabilities are sharply divided based on political allegiance. Among Trump supporters, at least 75% express confidence in Musk's judgment and expertise for the role. Conversely, among those with an unfavorable view of Trump, fewer than 10% share this trust in Musk's abilities.

The Trump administration's proposed reductions to federal spending have sparked widespread apprehension, with 62% of respondents fearing that these cuts might be excessive. This concern varies significantly across party lines. A striking 90% of Democrats and 69% of independents are anxious about the potential elimination of vital federal programs. In contrast, 73% of Republicans focus their concerns on the persistence of fraud and waste in government spending, suggesting a preference for cuts to address these issues rather than preserve existing programs.

The CNN-reported data underscores a growing dissatisfaction with Musk, reflecting a broader shift in public perception.

What Causes the Significant Drop

Several key factors have contributed to the steep decline in Musk's approval rating:

1. Political Involvement and Controversy

Musk's prominent role in the Trump administration as the head of the Department of Government Efficiency (DOGE) has sparked widespread criticism since the start of this year. His efforts to impose deep cuts in government spending and lay off thousands of federal workers have angered many, particularly liberals and government employees. This political engagement has shifted Musk's image from a visionary innovator to a divisive political figure.

2. Perception of Neglect at Tesla

With Musk managing multiple ventures, SpaceX, X (formerly know as Twitter), xAI, and now a political role, there is a growing perception that he is neglecting Tesla. This has fueled doubts about Tesla's leadership and strategic direction, especially as the company faces mounting competition in the electric vehicle market.

3. Public Backlash and Protests  

Musk's actions have triggered intense public backlash, including protests, vandalism, and arson attacks on Tesla facilities. Movements like the Tesla Takedown, which encourage boycotts and divestment from Tesla, have gained traction, damaging both Musk's reputation and Tesla's brand image.

4. Tesla's Declining Performance

Tesla's financial struggles have compounded negative sentiment toward Musk. The company reported a 20% drop in annual operating profit in January 2025, and its stock price has plummeted, losing over $800 billion in market capitalization since its peak in December 2024. This decline has shaken investor confidence and reflected poorly on Musk's leadership.

5. Controversial Statements and Endorsements

Musk's endorsement of far-right political parties in Europe, such as Germany's Alternative for Germany (AfD), and his provocative statements on social media have alienated significant portions of the public. His comments on issues like immigration and Ukraine have drawn widespread criticism, particularly from liberal-leaning individuals.

Tesla's Stock Price: Subsequent Damageof Musk's Dropping Poll

Tesla's stock price has mirrored the decline in Musk's approval rating, experiencing a sharp downturn since late 2024. The stock peaked at nearly $480 on December 17, 2024, but has since lost over $800 billion in market capitalization. As of March 14th, 2025, it closed at $249.98 following the seven consecutive weeks of decline. Marking the worst month since December 2022, the Tesla stock has plunged 28% during Feb 2025. More shockingly, a dramatic 15% daily drop occurred amid broader market selloffs on March 10th, 2025.

Despite a brief post-election surge in late 2024, Tesla's stock has struggled under the weight of investor concerns about Musk's divided focus, declining sales, and the company's damaged brand image. Analysts from Bank of America and Goldman Sachs have lowered their price targets, reflecting growing unease about Tesla's near-term prospects.

As Musk navigates his expansive ambitions, the interplay between his public image and Tesla's fortunes will continue to shape their uncertain future. For now, both Musk and Tesla face a challenging road ahead, with obstacles that show no immediate signs of abating.


Comments

Post
James manson
13 hour ago

Investing in Bitcoin is essential as it offers a unique opportunity for financial growth and hedging against inflation in today’s digital economy. However, navigating the crypto market can be complex, which is why it’s crucial to work with a seasoned professional. I highly recommend contacting Darcie , a skilled and experienced trader, for expert guidance. Connect with her on telegram 👉@DarcieFx 👈 or WhatsApp 👉 +16202580684 👈 to maximize your investment potential and make informed trading decisions.  

0
Elichotine
12 hour ago
@James manson What’s your avg. holding duration for BTC? Are you targeting any specific highs or using stops?
0
lh17422frank
15 hour ago

All thanks to Mrs ELIZABETH TOWLES that helped me achieve my dreams through her trading program,I made over $40,000 in duration of two weeks, she's so amazing. Get to her on 👉.. 𝚆𝙷𝙰𝚃𝚂𝙰𝙿𝙿 +𝟣𝟧𝟨𝟥𝟤𝟩𝟫𝟪𝟦𝟪𝟩

0
Substance_Technical
15 hour ago
@lh17422frank Cool
0
Angela k
15 hour ago

Most people won't admit that they lose 73% to 95% of their trades on CFDs, bonds, crypto, indices, future & commodities asset. Its all about risk management. You could get the required help and guidance to always make profit from her. The financial market is arranged in systematic manner to make you experience losses but her trading strategies and analysis are always accurate, thanks to her assistance. Contact Evelyn Weston today on whatsapp ☎️+1 943 222 6311✍️ to get started.  

0
SnowShoe86
13 hour ago
@Angela k Good.
0
clefjames
15 hour ago

Due to my experience, there are no magic in trading, having a strategy that ensures profits is the best you can do and that's not for novice, lost over $12k trading on my own. Investing creates a safe heaven for the future with the right investment choices that has at least 2% minimum risks and with the advice of an expert trader I earn 40k last month profits and interest are 💯guaranteed. Elizabeth Towles she’s one of the best traders in the crypto world, I have made so much profits from trading with her recommend..her info +1(563)279-8487

0
xX_codgod420_Xx
12 hour ago
@clefjames How long have you been working with Elizabeth Towles, and what specific strategies has she advised you on?
0
ken119
16 hour ago

Don't invest blindly in stocks or crypto when you do not have a proper guide. I lost 30k trying to trade on my own but ever since Mrs Elizabeth Towles stepped in, I have been making huge profits. I made over 450k since October. She is always available to tell you more about investing and give a guide on how to trade visit her on WhatsApp +1(563)279-8487

0
mia01zzzzz
12 hour ago
@ken119 How long have you been working with Mrs. Elizabeth Towles? And what specific strategies has she taught you for trading?
0
Charlotte Grace
19 hour ago

Stop investing blindly on crypto, Fx or stocks bcuz the market is designed in a systematic manner to help you loss money which is why I advise that you contact a legit & reliable trader to help you manage your trade while you relax & make profit on a regular basis & all you require is to contact Evelyn Weston on whatsapp on 📱+1 943 222 6311 to get started immediately.  

1
big_nate410
18 hour ago
@Charlotte Grace 👌
2
dantheman2108
21 hour ago
$RIOT it would be great if Tesla acquired riot because it would be a smart move for them due to all the energy available for use with grok they're also big on Bitcoin and could mine it using their existing setup I'm putting this out there and hoping it happens the fact that they have all that energy available at the start of the year is super valuable for Tesla
0
pd14200
21 hour ago
@dantheman2108 Do you think Tesla would be interested?
0
Charlotte Grace
23 hour ago

Stop investing blindly on crypto, Fx or stocks bcuz the market is designed in a systematic manner to help you loss money which is why I advise that you contact a legit & reliable trader to help you manage your trade while you relax & make profit on a regular basis & all you require is to contact Evelyn Weston on whatsapp on +1 943 222 6311 to get started immediately.

2
shrinkshooter
19 hour ago
@Charlotte Grace Ok bro
1
confused-student1028
03/17
$TSLA I'm with you too!
0
Stanley Williams
03/17

wanted to personally introduce you to Catherine E. Russell, a highly trusted and experienced crypto investment expert who has helped countless individuals achieve financial success. With her deep knowledge of the market and her exclusive single trading contract, she has guided many investors toward consistent and impressive returns.
Catherine is known for her transparency, professionalism, and commitment to her clients’ success. She provides step-by-step guidance through the entire process, ensuring that you understand every move before making an investment. By following her instructions carefully, you can maximize your profits while minimizing risks.
For direct assistance, you can reach out to Catherine on Facebook. She will personally guide you and help you take advantage of the best opportunities in crypto trading.
If you’re looking for a reliable way to grow your investments, Catherine E. Russell is the expert you need. Don’t miss this opportunity to work with one of the best in the field.

0
daarkann
21 hour ago
@Stanley Williams Fair enough
0
_Ukey_
03/17
$TSLA all these anti Tesla protests are shifting my views to the right I wonder how many others like me
0
southernemper0r
22 hour ago
@_Ukey_ How long you been holding $TSLA? Curious if protests changed your long-term view or just short-term play.
0
clefjames
03/17

Due to my experience, there are no magic in trading, having a strategy that ensures profits is the best you can do and that's not for novice, lost over $12k trading on my own. Investing creates a safe heaven for the future with the right investment choices that has at least 2% minimum risks and with the advice of an expert trader I earn 40k last month profits and interest are 💯guaranteed. Elizabeth Towles she’s one of the best traders in the crypto world, I have made so much profits from trading with her recommend..her info +1(563)279-8487

0
Traglc
03/17
@clefjames What’s your average holding duration for investments? Are you mostly into crypto or traditional stocks?
0
PlatHobbits7
23 hour ago
@clefjames I got burned trading solo too. Luckily, I found a solid strategy with my current advisor. We're seeing great results without taking crazy risks.
0
ken119
03/17

Don't invest blindly in stocks or crypto when you do not have a proper guide. I lost 30k trying to trade on my own but ever since Mrs Elizabeth Towles stepped in, I have been making huge profits. I made over 450k since October. She is always available to tell you more about investing and give a guide on how to trade visit her on WhatsApp +1(563)279-8487

0
Dependent-Teacher595
22 hour ago
@ken119 How long have you been working with Mrs. Elizabeth Towles, and what specific strategies has she taught you for making those gains?
0
cyarui
03/17
Musk's DOGE role is a major brand risk.
0
raool309
03/17
60% think Musk lacks experience? LOL, he's a billionaire playboy with a vision. What's next, concerns about his hair?
0
xX_codgod420_Xx
23 hour ago
@raool309 Is it FOMO or LMAO that's driving Tesla's dip? Maybe we're just YOLO-ing on stock value here.
0
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App