Elon Musk Is Winning Over Conservatives. And That’s Great News for TSLA Stock

InvestorPlace2022-06-09

Conservative thinkers across the U.S. have embraced Elon Musk.His cult-like status may help Tesla(TSLA) access an untapped market.If it does, this competitive edge will help TSLA stock soar.Elon Musk ...

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Comments

Tanyl
2022-06-09
Tanyl
Can buy Tesla now
Jerryoic
2022-06-09
Jerryoic
Good
339742f5
2022-06-09
339742f5
Ok
hphoa
2022-06-09
hphoa
Aiyo... Twist here n there
ZEROHERO
2022-06-09
ZEROHERO
Can we see $800 next week?
clingling
2022-06-09
clingling
Wah!!

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And That’s Great News for TSLA Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-09 16:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/elon-musk-is-winning-over-conservatives-and-thats-great-news-for-tsla-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Conservative thinkers across the U.S. have embraced Elon Musk.His cult-like status may help Tesla(TSLA) access an untapped market.If it does, this competitive edge will help TSLA stock soar.Elon Musk ...</p>\n\n<a href=\"https://investorplace.com/2022/06/elon-musk-is-winning-over-conservatives-and-thats-great-news-for-tsla-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://investorplace.com/2022/06/elon-musk-is-winning-over-conservatives-and-thats-great-news-for-tsla-stock/","article_id":"1177446113","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177446113","pubTimestamp":1654764912,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Conservative thinkers across the U.S. have embraced Elon Musk.His cult-like status may help Tesla(TS","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"埃隆·马斯克正在赢得保守派的支持。这对TSLA的股票来说是个好消息","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Conservative thinkers across the U.S. have embraced Elon Musk.His cult-like status may help Tesla(TSLA) access an untapped market.If it does, this competitive edge will help TSLA stock soar.Elon Musk may not be buying Twitter(NYSE:TWTR) but he has secured a place for himself as a champion of free speech. The Tesla(NASDQ:TSLA) CEO has become an icon among conservative icons who hailed him as a hero willing to take on the “tyrants of big tech” who were attacking their right to speak freely. Now Musk is likely poised to wriggle out of the deal but his status as a conservative icon is stronger than ever. And in garnering this image for himself, Musk has unlocked a hidden asset that can boost TSLA stock.Musk’s New StatusMusk recently made his politician loyalties know in a tweet:But his behavior has mimicked that of a conservative for a long time. In 2021, he sparred with both Bernie Sanders and Elizabeth Warren over the proposed billionaire’s tax. Since then, he has openly criticized President Joe Biden for his reluctance to acknowledge Tesla as the country’s electric vehicle (EV)leader. Even after Secretary of Transportation Pete Buttigiegpraised Musk’s company, the CEO has not relented in his stance against Democrats and “the left.”Through it all, right-wing voters and politicians reacted well to Musk’s firebrand conservatism. When he offered to spend $44 billion to acquire Twitter in the name of free speech, they celebrated. For the conservative voters who had accused the platform of censoring their party, this felt like a tremendous win. Many right-wing politicians tweeted in favor of the deal.Now Musk’s demagogue status has given him a new power. He likely didn’t start criticizing Twitter with this goal in mind but he has achieved something important; he has the power to convince conservative Americans to start driving EVs. America needs the type of people who drive gas-guzzling trucks and SUVs to make the switch to an EV. And data indicates that Republican voters are most likely to drive heavy-duty pickup trucks and luxury SUVs while Democrats tend to lean toward small and mid-size cars.What It Means for TSLA StockAs Matthew Yglesias noted in Bloomberg:The people in America most likely to buy an electric car are the people who are already more environmentally conscious than average. But the peopleAmerica most needsto buy an electric car are the people who drive their gasoline-powered vehicles more than average.This is where Musk comes in. Many conservatives have been reluctant to embrace EVs, seeing them as a symbol of elitism. But data shows that conservative attitudes toward Tesla are changing rapidly. Early in 2022, a survey from Morning Consult showed the number of Republicans considering buying a Teslaincreasing. Since Musk’s attempt to acquire Twitter, that number has likely increased.If this trend increases, it will boost TSLA stock significantly. Iconic American brands such as Ford(NYSE:F) and General Motors(NYSE:GM) make the trucks conservatives love. Both companies have released EVs with lower price tags than Tesla but failed to tempt conservative drivers. Tesla has done exactly that, demonstrating that Republicans admire Elon Musk enough to pay more for one of his vehicles.If he truly wants to help humanity as much as he claims to, Musk should keep producing EVs. It will speed up America’s transition to a more sustainable and help boost TSLA stock in the process.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9058304109,"gmtCreate":1654782900801,"gmtModify":1676535510069,"author":{"id":"4087109808120260","authorId":"4087109808120260","name":"Tanyl","avatar":"https://static.tigerbbs.com/174329973340cf0f5b68791ee5b08afd","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"4087109808120260","authorIdStr":"4087109808120260"},"htmlText":"Can buy Tesla now","listText":"Can buy Tesla now","text":"Can buy Tesla now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058304109","repostId":1177446113,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9058939813,"gmtCreate":1654768317832,"gmtModify":1676535507557,"author":{"id":"3566964893686628","authorId":"3566964893686628","name":"Jerryoic","avatar":"https://static.tigerbbs.com/cdddd03a99beddec060abfd42dde0207","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":5,"crmLevelSwitch":1,"idStr":"3566964893686628","authorIdStr":"3566964893686628"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058939813","repostId":1177446113,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9058930717,"gmtCreate":1654768129539,"gmtModify":1676535507549,"author":{"id":"4108913771261690","authorId":"4108913771261690","name":"339742f5","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4108913771261690","authorIdStr":"4108913771261690"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058930717","repostId":1177446113,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9058996289,"gmtCreate":1654766412641,"gmtModify":1676535507416,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Aiyo... Twist here n there&nbsp;","listText":"Aiyo... Twist here n there&nbsp;","text":"Aiyo... Twist here n there","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058996289","repostId":1177446113,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9058993180,"gmtCreate":1654765851740,"gmtModify":1676535507323,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"htmlText":"Can we see $800 next week?","listText":"Can we see $800 next week?","text":"Can we see $800 next week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058993180","repostId":1177446113,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9058993067,"gmtCreate":1654765765459,"gmtModify":1676535507315,"author":{"id":"3586829232043276","authorId":"3586829232043276","name":"clingling","avatar":"https://static.tigerbbs.com/6ac8266443879ca0b9b00e68416a1244","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586829232043276","authorIdStr":"3586829232043276"},"htmlText":"Wah!!","listText":"Wah!!","text":"Wah!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058993067","repostId":1177446113,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":61,"commentSize":8,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1177446113"}