“Risk factor”: Tesla judges that the world boycott hurts her sales very much

The documents were filed Wednesday morning with the Securities and Exchange Commission (SEC) and judge that the hostile reactions towards Elon Musk are such that Tesla lawyers consider it necessary to alert investors. The risk: negative repercussions for the image and activities of the automaker.

Tesla is worried about the consequences of the boycott

For several years, Tesla has warned its investors that “Products, activities, operating results and Tesla declarations and its management are the subject of many comments from various third parties”. If the documents evoke the risks broadly and cautiously, mentions suggest that this is a major concern for the automaker.

Tesla has updated the wording about the risks to mention that criticisms against it “prompted to demonstrations, some degenerating violence targeting our operations, our products and our staff”. Lawyers of the company have expanded the scope of risks by indicating that the negative image following the demonstrations is able “To harm our brand and our activities (including sales) and complicate additional funds if necessary”.

The financial results published on Tuesday show A marked fall in income and benefit from Tesla in annual shift. During the conference call, Elon Musk and other leaders admitted that the boycott causes a “Negative impact”.