00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares fell nearly 6% on Monday out of its first quarter earnings report, according to CNBC.
00:08Analysts warned of ongoing brand erosion tied to CEO Elon Musk's political involvement and falling consumer sentiment.
00:14Vester concerns centered on Musk's distractions, delays in Tesla's robo-taxi rollout, and damage from his role in the Trump administration.
00:22Wedbunch analyst Dan Ives said Tesla has become a global political symbol of the Trump administration
00:27and urged Musk to present a turnaround vision.
00:30Stock was down over 40% for the year on Monday's close.
00:33For all things money, visit Benzinga.com slash GSTV.
Comments