SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Elon Musk damages trust in Tesla

Elon Musk has damaged Swedes' confidence in the car manufacturer Tesla, shows a fresh survey from Novus. Tesla is being dragged down by the enormous, negative reporting surrounding Musk, says Ieva Englund at Novus.

» Published: 02 February 2025, 18:38

Elon Musk damages trust in Tesla
Photo: AP/TT

The company has let over 1,000 people answer how they view Elon Musk and electric car giant Tesla, where he is the largest owner, and compared with an earlier survey from January – and the result is clear:

Musk's much-talked-about gesture from the stage during Donald Trump's inauguration ceremony has made Swedes re-evaluate their image of Tesla.

The proportion of those who have a positive attitude towards Tesla fell by 8 percentage points to 11 percent, and the proportion of those who have a negative attitude towards the car brand increased by as much as 16 percentage points. 63 percent of Swedes now have a negative image of Tesla.

The largest negative attitude change has occurred among young people (18-34 years) and younger middle-aged people (35-49 years).

It's going to be very important target groups for Tesla, so in that sense, it's very unfortunate for the brand, says Ieva Englund, brand expert and business advisor at Novus, to TT.

The Tesla brand takes on a disproportionately large part of the negative associations, despite the criticism primarily being directed at Elon Musk. In data from Retriever, we see that in a third of all articles about him, Tesla is also mentioned, which is remarkable, she continues.

For two years in a row, the Tesla Model Y has been Sweden's best-selling car – but the question is whether the controversies surrounding Elon Musk will make the brand fall from the throne.

One usually says that a major loss of confidence for a brand affects the business, but it depends on how this is handled now, says Ieva Englund.

63 percent answered that they are negatively inclined.

22 percent answered that they are neutrally inclined.

11 percent answered that they are positively inclined.

Source: Novus

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Canada files complaint with WTO over US tariffs
1 MIN READ

Canada files complaint with WTO over US tariffs

Dousa on the Tariff Threat: We Have a Few Cards to Play
1 MIN READ

Dousa on the Tariff Threat: We Have a Few Cards to Play

Trump: Tariffs will be felt
1 MIN READ

Trump: Tariffs will be felt

Elon Musk sues Lego for X boycott
1 MIN READ

Elon Musk sues Lego for X boycott

The warning: Beware of unknown pension shocks
3 MIN READ

The warning: Beware of unknown pension shocks

Stress highest when working remotely
3 MIN READ

Stress highest when working remotely

The Neighbors and China Give a Tough Response to Trump's Tariffs
2 MIN READ

The Neighbors and China Give a Tough Response to Trump's Tariffs

Trump has signed a decision on tariffs
1 MIN READ

Trump has signed a decision on tariffs

So Sweden can be hit by Trump's tariffs
3 MIN READ

So Sweden can be hit by Trump's tariffs

Tariffs to wait for after Trump's tariffs
2 MIN READ

Tariffs to wait for after Trump's tariffs

After the Wave of Violence – Anxiety Among Many Entrepreneurs
2 MIN READ

After the Wave of Violence – Anxiety Among Many Entrepreneurs

Now Trump imposes tariffs - EU may be next in line
2 MIN READ

Now Trump imposes tariffs - EU may be next in line

Altman on OpenAI: "On the wrong side of history"
1 MIN READ

Altman on OpenAI: "On the wrong side of history"

Down on Wall Street - but up in January
1 MIN READ

Down on Wall Street - but up in January

Trump threatens with tariffs on oil and chips
3 MIN READ

Trump threatens with tariffs on oil and chips

Google ends criticized news experiment
2 MIN READ

Google ends criticized news experiment

USA inflation stays put
1 MIN READ

USA inflation stays put

German Inflation Falls Unexpectedly
1 MIN READ

German Inflation Falls Unexpectedly

Coordinator: Establish a State Nuclear Power Company
1 MIN READ

Coordinator: Establish a State Nuclear Power Company

The State Sells Lernia
1 MIN READ

The State Sells Lernia