Over the past two months, tech billionaire Elon Musk has increasingly promoted far-right political causes in Europe, notably lending his support to Germany’s Alternative für Deutschland (AfD).
In at least two dozen posts on his social media platform X, Musk hailed the party as Germany’s “only hope” and even interviewed its leader, a move that has attracted significant attention.
A review of Musk’s posts and polling data indicates that his support had little measurable impact on the AfD’s second-place finish in the February 23 election. Political analysts suggest that while Musk’s endorsements may have enhanced the party’s appeal among younger voters, local factors—such as recent violent incidents and long-standing political dynamics—played a more decisive role.
Analysts note that Musk’s far-right activism appears to be part of a broader strategy. Beyond influencing political discourse, he may be seeking to back political forces that favor a reduction in regulations he considers hindering technological innovation. However, his public political stance has come at a cost to his flagship company. Recent data from the European Automobile Manufacturers’ Association and surveys by an electric vehicle review website reveal that Tesla’s sales in Europe have been impacted, with some potential buyers indicating they would avoid Tesla because of Musk’s political positions.
Martin Fassnacht, chair of strategy and marketing at WHU – Otto Beisheim School of Management, remarked that while Musk may have made the AfD appear “cooler” to some voters, his influence on overall election outcomes remains limited. Yet the market impact is evident; Tesla’s European sales have fallen by over 10% in recent reports, and anti-Tesla campaigns have emerged on social media.
Musk has extended his support beyond Germany, promoting right-wing figures in Britain, Italy, and Romania while frequently criticizing European political leaders and regulatory bodies. His actions have intensified debate over the role of social media in shaping political discourse across the continent.
Both Musk and Tesla have declined to comment on the broader implications of his political endorsements. As European consumers and policymakers continue to grapple with the intersection of politics and technology, the long-term effects on Tesla’s brand and market performance remain uncertain.
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