Late in 2024, Elon Musk endorsed Germany’s far-right Alternative für Deutschland. We document that after this, Tesla sales rose by up to 30 percent in right-leaning districts relative to left-leaning ones [..] Divestment in second-hand markets shows no partisan differences, consistent with resale requiring a larger identity cost from Tesla’s image shock than non-purchase. Our lower bound-estimate for the overall loss in Tesla sales is [..] worth at least €241 million."
E-Mobility #SmartCharging / #EV grid integration / #EVcharging infrastructure / #Flexibility / Mobilitätswende
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