Tesla Shares Decline as 41% of Electric Vehicle Owners Plan to Steer Clear of Brand Due to Political Reasons
Written by Emily J. Thompson, Senior Investment Analyst
Source: TipRanks
Updated: Nov 19 2025
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Source: TipRanks
Poll Results Impacting Tesla: Tesla's shares dropped nearly 2% following a Global EV Alliance poll indicating that 41% of EV drivers worldwide would avoid the brand due to political concerns, particularly in the U.S. and Germany.
Elon Musk's Political Controversies: The poll coincides with Elon Musk's recent political controversies, including his brief role in the Trump administration and support for far-right movements, which have led to calls for boycotts.
Sales Performance Amidst Challenges: Despite the negative sentiment, Tesla reported a record delivery of 497,099 vehicles in the third quarter, driven by a rush to take advantage of a federal EV tax credit before it expired.
Market Competition and Analyst Ratings: Tesla is losing ground in the South American market to Chinese competitors, while analysts maintain a Hold consensus rating on TSLA shares, indicating potential downside risk.
Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 401.93 USD with a low forecast of 25.28 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 401.93 USD with a low forecast of 25.28 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 449.360

Current: 449.360

About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.