How to Hurt Elon Musk’s Power

With wealth comes influence and power. His achilles heel.

Elon Musk is not like say Warren Buffett who has made his billion investing in numerous companies. Elon’s wealth is almost entirely tied to his companies Tesla and SpaceX. The massive hype around those two companies is a huge part of his wealth. Tesla is not value according to the money it makes but the beliefs people have about the future. It is a company that has been moving upward like a rocket.

In other words, if investor confidence in Tesla falters, then so will the value of Tesla. How could investors loose confidence in Tesla?

This article has given me hope: Tesla’s European Sales Drop in January After Musk Disrupts Politics There

Tesla’s sales plummeted 63 percent in France in January from a year earlier,

I have long waited for consumers to react to Elon Musk’s behavior. He has been fighting unions in the Nordics for over a year, and in the Nordics our societies are to a large degree built around unions. For instance we don’t have minimum wage set by government. Rather unions negotiate a minimum wage per economic sector. Government then actually enforce that as the minimum wage for that sector. Doesn’t matter if you are unionized or not.