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Fortune

Christiaan Hetzner

Morgan Stanley’s auto analyst polls his clients on what they think of Elon Musk—the results make for grim reading

Elon Musk Morgan Stanley Tesla Inc. United States Adam Jonas Donald Trump

U.S. President Donald Trump and Tesla CEO Elon Musk sit in a Model S on the South Lawn of the White House. (Credit: Andrew Harnik—Getty Images)

Musk’s political activism either had a “negative” or “extremely negative” effect on Tesla’s business, according to 85% of respondents to an informal survey of nearly 250 Morgan Stanley clients. A clear majority also anticipate a second straight decline in annual deliveries to customers.

There is no doubt in the mind of Morgan Stanley clients: Elon Musk is damaging Tesla—potentially even severely—according to a snap poll.

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