A sharp profit decline and rising disapproval ratings point to a challenging road ahead for Tesla and its outspoken CEO.

Tesla has posted a 71% decline in profits for Q1 2025, and now a new CNBC poll shows that half of Americans are turning their backs on Elon Musk, raising questions about the long-term health of the Tesla brand.

Poll Shows Musk Losing Ground With the Public

In the CNBC survey conducted earlier this month:

• 50% held a negative view of Elon Musk
  
• Only 36% viewed him positively
  
• 16% remained neutral
  

Tesla didn’t fare much better:

• 47% viewed the brand unfavorably
  
• Just 27% had a favorable opinion
  

These results come amid a sharp downturn in Tesla’s performance and Musk’s controversial entrance into the political arena as part of the Trump administration.

Q1 Earnings Report: Profits Fall, Revenue Declines

Tesla’s latest earnings report confirmed a 71% profit drop, while revenue declined by 9% from the same period last year. The company cited worsening conditions in global markets and rising trade barriers as major contributors.

“Trade policy changes are reshaping the supply chain,” Tesla wrote. “Political shifts are also impacting short-term demand.

Stock Performance Tanks as Sentiment Worsens

Tesla stock has declined over 40% since the start of 2025, putting pressure on shareholders and raising fears of a longer-term downturn. Adding to concerns are attacks on Tesla properties, possibly tied to growing political tensions surrounding Musk’s public statements and affiliations.

Musk Speaks Out at Town Hall

Speaking at a pro-crypto town hall event hosted by America PAC, Musk admitted the toll his political involvement has taken:

“My Tesla stock, and the stock of everyone who owns Tesla, has roughly halved,” he said. “I mean, it’s a big deal.”

This comment reflects the dual role Musk now plays — both as a business leader and a high-profile government figure — a combination that may no longer benefit the company.

Conclusion: Can Tesla Reclaim Its Momentum?

Between falling profits, a battered stock, and a shifting public image, Tesla finds itself at a crossroads. The question for investors is whether the brand can disentangle its fate from Musk’s political identity — or whether it’s too late to reclaim its once broad appeal.

As the line between tech innovation and political influence blurs, Tesla may be forced to make tough choices to restore trust and reset its trajectory.