By Patrick F. Cannon
Irony of ironies, the liberal environmentalists who bought Tesla electric cars as a statement of their commitment to greener planet now find that the man who brought them to the market is anathema to their more radical liberal brethren, who have taken to vandalizing the cars he created and sells. Some owners are covering over the Tesla name or sticking on bumper stickers saying they hate Elon Musk too!
Now that he is running the country, Elon Musk discovered that there’s a price to pay for getting involved in politics. Sales of his cars are declining here and throughout the world. While increasing competition is responsible for some of this, Democrats who can afford it are unloading their Tesla’s at a loss and buying the competition. (Of course, if you’re a Musk and Trump supporter, you can grab a bargain!).
Musk, of course, has so much dough that a billion here or there is hardly noticeable. Anyway, in a typical example of Trump hucksterism, the president urged his acolytes to buy a Tesla, sitting in a red one on the White House Lawn, and saying he would buy one himself. He can also help his pal by making sure he gets even more government contracts. And I’m sure Elon’s DOGE buddies will make sure not to fire or layoff the government employees who sign his contracts and checks.
In general, public corporations are wise to avoid politics or divisive cultural issues. Anheuser Busch, now part of InBev, the world’s largest brewer, learned that lesson when a member of its marketing staff thought it would be a keen idea to expand its market for Bud Light – once the country’s best-selling beer – to a new audience. Why not have a transexual “influencer” tout its great qualities? Are they not an untapped market? Had someone with common sense been part of the decision process, they might have reminded those young marketers that many if not most of Bud Light drinkers had voted for Trump and shared his animus toward transexual people and their supporters. Bud Light sales tumbled. Ironically, it was replaced as America’s best-selling beer by Modelo, another InBev brand. Brewed in Mexico, its days may be numbered too!
As with so many issues regarding sexuality, it’s a complicated issue and the country is divided. Most corporations realize that taking political positions can potentially alienate half of their customers. Despite what many people may think, public corporations have only one real obligation – to make as much money for their shareholders as possible. In doing so, they must also obey the law and pay their taxes just like we do.
This does not mean they can’t complain when they feel the government is doing things that affect their profits, like the Trump obsession with tariffs. Even so, notice that they are trying not to upset Trump too much while suggesting that higher tariffs might be a problem for the consumer, and the sale of their products to overseas markets. They dare not call the president nuts. Of course, I have no such problem.
Copyright 2025, Patrick F. Cannon