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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.

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OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after arch-rival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

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The number of Tesla Robotaxis on the road has been going down

That’s the wrong direction for a business trying to scale its autonomous vehicles.

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Intel shares soar on report of Google chip deal, possible future Nvidia business

Shares of Intel soared in early trading on a report that Google and Nvidia are considering turning to the chipmaker as a backup supplier to TSMC, as surging demand continues to outpace supply.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

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