Tesla (NASDAQ:TSLA) has comfortably weathered its association with President Donald Trump, while rival Uber got shellacked for its link with a president who has lower approval ratings than any predecessor in his first days in office. Uber Technologies lost customers and drivers and became the subject of a campaign on Twitter that encouraged people to delete their …
Tesla (NASDAQ:TSLA) has comfortably weathered its association with President Donald Trump, while rival Uber got shellacked for its link with a president who has lower approval ratings than any predecessor in his first days in office. Uber Technologies lost customers and drivers and became the subject of a campaign on Twitter that encouraged people to delete their Uber apps.
As quoted in the press release:
The opposition compelled Uber Chief Executive Officer Travis Kalanick to quit Trump’s Strategic and Policy Forum. Meanwhile, Tesla faced relatively minimal backlash, and there’s been no comparable effort to boycott the carmaker’s products. Tesla CEO Elon Musk has said he has no plans to quit the committee.
The contrast is viewed as a double standard within Uber’s headquarters in San Francisco. In private conversations, senior management and investors have groused that Musk has emerged unscathed from his associations with a divisive president and his membership on the same business advisory group that Kalanick had to abandon, according to people involved in these discussions.
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