Elon Musk’s Politics May Hurt Tesla Sales, China Car Group Says
A Tesla showroom in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s Passenger Car Association warned that Elon Musk’s foray into politics risks hurting Tesla Inc.’s already plunging electric vehicle sales.
While the association doesn’t analyze international politics, Tesla is being viewed by some people as political and that’s impacting the company in the short term, Secretary General Cui Dongshu, said during a briefing on Monday.