03-07-2025, 07:11 PM
Tesla, Inc. (TSLA): Jim Cramer Warns – ‘Liberals Aren’t Buying Their Cars!’
fwiw, less than 50% of American adults will EVER buy a new vehicle. Socioeconomically, only about 25% consider new vehicles to be a possibility.
Among that group, the more novelty oriented (that is, the most willing to do 'something new') is way overindexed as Democratic. It is not just 'enviromental' as a value. It is willingness to change (the psychographic term is 'open-mindedness'). It is not just 'liberals' in this camp, but it sure leans that way. EVs are a little more accepted now, but at least half of the potential market for new TSLA vehicles is now off the table.
And I saw this morning that TSLA is offering financing deals.