Tech
Day Of Action Protests Across The Country Criticize Trump And DOGE Policies
People at a ”Hands Off!" protest in California (David McNew/Getty Images)

Groups that once were biggest fans of EVs like Tesla show steepest decline in wanting to own one now

Over the past two years, the only demographic group surveyed that saw an increase in their interest in EVs was Republicans, and that growth was negligible.

Rani Molla

Tesla is responsible for creating the electric vehicle market and in many ways is synonymous with EVs. It’s also possible Tesla played a role in shooting itself in the foot.

Back in March 2023, some 59% of US adults said they owned, were strongly considering purchasing, or might consider purchasing an electric vehicle. Now that number is 51%, according to new data from Gallup, which surveyed more than a thousand adults each time.

Over the past two years, American interest in EV ownership has declined among pretty much every demographic group. The largest declines were among moderates, those who live out West, Democrats, college grads, and young people. Only among Republicans did that number seemingly rise, but, given the survey’s overall plus or minus 4 percentage point margin of error, it’s not statistically significant growth.

The thing is, many groups who saw the biggest decline in EV interest are those who historically have been — and currently are — most interested in EVs to begin with. In other words, EVs’ most likely customers are the most likely to have fallen out of love with the idea of owning one.

What’s going on? It could be a lot of things, from EV range anxiety to concern about Tesla CEO Elon Musk’s role in the government. Gallup didn’t ask direct questions about Tesla.

While Musk didn’t publicly endorse President Trump until July of 2024, he said he had been steadily moving to the right politically. He announced that he would no longer support Democrats back in May 2022, soon after he began his acquisition of Twitter.

The Gallup surveys were taken in March of 2023, 2024, and 2025.

Survey data from YouGov shows that Tesla has faced declining popularity among moderates, liberals, and the general population that kicked into high gear around 2022. Amid rising competition and declining popularity, Tesla’s market share in the US fell below 50% for the first time last summer.

Notably, EV sales in the US hit a record earlier this year and despite declines in Tesla sales, they are still the top-selling EV brand in the country.

More Tech

See all Tech
Satellite photo of Colossus 2 MACROHARD

Elon Musk’s Colossus 2 data center is MACROHARD

Satellite photos of the roof of xAI’s new Colossus 2 data center shout a message to the world that it aims to take on Microsoft.

tech

Meta reorganizes its AI teams yet again, this time slashing 600 positions

As it scrambles to catch up to rivals, Meta is yet again restructuring its AI teams, and will be laying off 600 researchers, according to Axios. This is the fifth reorg in the past eight months, based on news reports.

After stumbles from the release of Meta’s flagship model, Llama 4, CEO Mark Zuckerberg made a risky bet to shake up the company’s AI efforts.

Zuckerberg set out to build a new “superintelligence” team, made up of AI all-stars from around the industry lured with nine-figure pay packages and promises of near limitless computing resources.

The flood of new talent poached from competitors like OpenAI, Apple, Google, DeepMind, and others created some awkward tension within Meta, as it already had a prestigious AI team in place known as FAIR, led by neural networks pioneer Yann LeCun. The new recruits were assigned to a team named “TBD” and won’t be affected by the cuts, per the report.

Since hiring Alexandr Wang from Scale AI to run the new high-profile team, several rounds of restructuring have roiled the existing Meta AI talent, many of whom might be learning they have lost their jobs.

Zuckerberg set out to build a new “superintelligence” team, made up of AI all-stars from around the industry lured with nine-figure pay packages and promises of near limitless computing resources.

The flood of new talent poached from competitors like OpenAI, Apple, Google, DeepMind, and others created some awkward tension within Meta, as it already had a prestigious AI team in place known as FAIR, led by neural networks pioneer Yann LeCun. The new recruits were assigned to a team named “TBD” and won’t be affected by the cuts, per the report.

Since hiring Alexandr Wang from Scale AI to run the new high-profile team, several rounds of restructuring have roiled the existing Meta AI talent, many of whom might be learning they have lost their jobs.

tech

Applied Digital jumps after announcing $5 billion AI factory lease

Applied Digital was up more than 4% premarket after it announced a $5 billion, 15-year AI factory lease from a “US based investment grade hyperscaler” at its Polaris Forge 2 campus, which is expected to begin coming online next year.

On its earnings call earlier this month, the data center company’s management teased the deal, saying it was “in advanced discussions with an investment-grade hyperscaler” to lease capacity at Polaris Forge 2 and “also entered negotiations with two additional hyperscalers for two new locations.”

“What sets us apart isn’t just the size of our pipeline — it’s how fast we can deliver,” Applied Digital Chairman and CEO Wes Cummins said in the press release. “The real constraint in this industry is execution, and our team continues to prove that large-scale, next-generation data centers can be designed, financed, and brought online faster and more efficiently than anyone thought possible.”

tech

Tesla recalls 13,000 vehicles over battery defect ahead of Q3 earnings

Tesla has some bad news ahead of its highly anticipated third-quarter earnings report later today: it’s recalling nearly 13,000 2025 Model 3s and 2026 Model Ys, due to a problem with a battery pack component that could result in the sudden loss of drive power. As of October 7, Tesla identified 36 warranty claims and 26 field reports related to this issue, but said it hadn’t found any accidents, according to a report from the National Highway Traffic Safety Administration.

This is the latest in a string of safety issues for Tesla. Earlier this month, the NHTSA launched a probe into Tesla’s full self-driving technology after reports that the feature was violating traffic laws.

Tesla is flat premarket and reports earnings after the bell on Wednesday.

This is the latest in a string of safety issues for Tesla. Earlier this month, the NHTSA launched a probe into Tesla’s full self-driving technology after reports that the feature was violating traffic laws.

Tesla is flat premarket and reports earnings after the bell on Wednesday.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.