Drivers are turning their backs on Tesla electric vehicles as a result of his recent political involvement and friendship with Reform UK leader Nigel Farage and US President-elect Donald Trump, according to new data.

Less than two months ago, shares of Tesla Inc. were on their way to just the third losing year in the electric-vehicle maker’s decade-and-a-half as a public company. But after a furious rally in the last seven weeks,

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.

President-elect Donald Trump laughed off liberal angst over tech mogul Elon Musk’s growing political influence and affirmed that the space and Tesla guru won’t be president.

Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.

It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.

Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,

The Tesla billionaire has called himself a "free ... clear that he'll be the one running the country. President-elect Donald Trump dismissed the notion that he has "ceded the presidency" to ...

Experts are split on whether that overlap in public opinion is a good or bad thing for Musk’s businesses or for Trump’s politics.

President-elect Donald Trump's cover of TIME Magazine 'Person of The Year 2024' issue is almost on newsstands. Here's where, when you can grab it.

Tesla' s stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.3 trillion.