
Tesla, SpaceX reputations crater in new Axios Harris Poll 100
Tesla Motors and SpaceX saw their brand reputations crater in the past year, according to new Axios Harris Poll 100 survey results.
Why it matters: Elon Musk's polarizing political activism appears to have come at the expense of his largest companies, as Republicans expressed more favorable opinions than did Democrats.
By the numbers: Tesla was in 8th place in the 2021 reputation ranking of America's 100 most visible companies, but last year tumbled to 63rd and now is near the very bottom at 95th.
It placed dead last in "character," while placing near the bottom in areas like "ethics" and "citizenship."
Six other automakers place higher, with the highest being Toyota at No. 6 and the lowest being Ford at No. 62.
Tesla did not immediately respond to an email for comment.
Zoom in: SpaceX experienced a similar reputation quotient score decline between 2024 and 2025.
On the one hand, SpaceX may care less than Tesla does, because it's not consumer-facing.
On the other, the 28.7% difference between Republicans and Democrats could foretell procurement problems were there to be a political power shift.
Last, but not least: The company formerly known as Twitter also scored poorly, although that's been true since even before Musk's ownership.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
Ben Crump Says Donald Trump's Spending Bill is Terrible Amid Elon Musk Feud
Ben Crump's picked his side in the Elon Musk and Donald Trump beef ... but, he's not backing a personality, he says he's backing the better idea -- and, he doesn't want the "One Big Beautiful Bill" to pass through the Senate. We caught up with the civil rights activist and attorney and asked him about the fight between POTUS and his former advisor ... and, he doesn't directly say he's on Elon's side -- but, he does think this spending bill is terrible. Crump rips the bill for making cuts to Medicaid -- the medical assistance program for people with lower incomes. BC says the world needs more humanity for all people ... instead of making the life of individuals struggling financially more difficult. As you know ... Elon lost his cool about this spending bill earlier this week -- firing off shots at the president and claiming Trump only won reelection because of his efforts. President Trump called BS on that idea ... but, Elon pushed on and claimed the real reason the administration hasn't released the so-called Epstein files is because the president's name is all over them. He's since deleted the post where he wrote that ... but, today Trump warned of serious consequences if Elon decides to support Dems who are running against Republicans who vote for the bill. BTW ... we also asked Crump about Trump potentially pardoning Diddy -- and, it sounds like Crump's staying out of that one, too. Bottom line ... back the idea, not the man -- that's the Ben Crump way!
Yahoo
an hour ago
- Yahoo
Tesla shareholders face staggering new hurdle after company enacts controversial policy: 'A formidable barrier'
Tesla raised the bar for shareholders to sue the company board or executives for breach of fiduciary duties. The change took effect May 15 and requires an investor or group of investors to hold 3% of the electric vehicle maker's stock "to institute or maintain a derivative proceeding," CNBC reported. Tesla's market cap is $1.123 trillion, so a plaintiff would have to own shares worth $33.7 billion. "Obviously, for a company of Tesla's size, that would be a formidable barrier to anyone bringing a lawsuit for breach of fiduciary duty," Tulane Law School's Ann Lipton told CNBC in an email. The change was enabled by a Texas law that "allows corporations to limit shareholder lawsuits against insiders for breach of fiduciary duty," the outlet added. With shareholder approval, Tesla moved its incorporation site from Delaware to the Lone Star State in June 2024. An investor who owned nine shares of Tesla stock sued the company in 2018, and CEO Elon Musk's $56 billion compensation package was revoked in January 2024. Musk is by far the richest person on the planet, and his wealth makes him nearly untouchable. He helped to pioneer the EV movement by becoming an early investor in Tesla in 2003, and the company has been known for innovative technology and industry-leading breakthroughs. Recently, however, the South African has drawn criticism for straying into American and European politics, including spending lavishly on the U.S. presidential election campaign of Donald Trump, leading government spending cuts as the head of the U.S. Department of Government Efficiency, and supporting the far-right Alternative for Germany party. Activists have protested these actions, and Tesla charging stations, vehicles, and dealerships have been vandalized. Sales have plummeted, and Tesla stock spiraled downward, too, though it has regained much of its value. This upheaval and the larger perception change of Musk from groundbreaker to villain could stifle the uptake of EVs, which is one of the many things necessary to slow the rapid rise of global temperatures caused by the burning of fossil fuels for energy. It would take a massive coalition of shareholders to fight back against this move by Tesla, though companies are generally amenable to public pressure — especially when it comes to consumers' spending power. Tesla, for example, is shifting its focus from EV manufacturing to a robotaxi service and robotics to stabilize its future. Musk has a history of not delivering on outlandish promises, but it has not significantly slowed the company or deterred its supporters. What do you think of Tesla and Elon Musk? Elon is the man Love the company; hate the CEO I'm not a fan of either I don't have an opinion Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
This former penny stock fell 10% after the Musk-Trump clash! Time to buy?
Filtronic (LSE: FTC) has been on an almighty run lately, having risen 82% year to date to reach 137p. But the two-year gain is even more eye-popping, as this was a penny stock trading for just 13p back in June 2023. So that makes it a 10-bagger over this period! However, the Filtronic share price fell as much as 10% on 6 June. What caused this? And should I buy the dip? Filtronic designs and manufactures high-frequency communication products for various sectors, including telecommunications, aerospace, and defence. Its products include E-band transceivers, tower-mounted amplifiers, and other radio frequency (RF) components. Over the years, the firm has secured contracts with the likes of BAE Systems, QinetiQ, and the European Space Agency. However, it was a strategic partnership with SpaceX announced last year to supply specialist equipment for the Starlink satellite constellation that sent the stock surging. In February, Filtronic secured its largest production order from SpaceX, valued at $21m, to be fulfilled over the next couple of years. And this gave the firm confidence that it would beat previous market expectations for FY2025 and FY2026. Looking ahead, the company should also have an attractive pipeline of growth opportunities in the European defence and satellite communications markets. The founder of SpaceX is, of course, Elon Musk, and he's just fell out spectacularly with President Trump. I won't rehash the soap opera-like details here, as they're widely available elsewhere. But Trump did threaten to terminate federal contracts for Musk's enterprises, including SpaceX. This prompted Musk to announce the immediate decommissioning of SpaceX's Dragon spacecraft, which is critical for transporting astronauts and cargo to the International Space Station. What has any of this got to do with Filtronic? Well, Reuters reports that around $22bn worth of federal contracts could be at risk. If so, SpaceX's budget and the continued pace of the Starlink build-out could be jeopardised. That may lead to reduced need for Filtronic's components in the years ahead. Given that Filtronic has scaled up manufacturing and R&D to meet future demand, it might face excess capacity and margin pressure. In this situation, sentiment for Filtronic shares could sour, sending them much lower. Now, this is all just theoretical. As I write, Musk has retracted the kneejerk Dragon capsule decision, and it even seems like there might be some sort of public reunion with Trump. But literally anything could happen from this point onwards. Weighing things up, there doesn't appear to be any immediate threat to Filtronic. And the share price pullback isn't that severe in the grand scheme of things. As I write, it's just 6%. The company's revenue for FY2026, which has just started, is forecast to be £50m. That would be double what it was in FY2023, signalling very robust growth. However, this stock is currently trading at around 45 times forward earnings, and there's no dividend. Much of the company's current value rests on the SpaceX partnership, which could be a double-edged sword if anything goes wrong there. Investors considering the stock should be mindful of the relatively high valuation and customer concentration risks. While I like the SpaceX-related growth story here, I'm currently not looking to buy any shares. The post This former penny stock fell 10% after the Musk-Trump clash! Time to buy? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Ben McPoland has positions in BAE Systems. The Motley Fool UK has recommended BAE Systems and QinetiQ Group Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025