No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, March 12, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Elon Musk’s loyal and trusted Tesla ‘fixer’ Omead Afshar takes the fall for dismal EV sales

by TheAdviserMagazine
9 months ago
in Business
Reading Time: 3 mins read
A A
Elon Musk’s loyal and trusted Tesla ‘fixer’ Omead Afshar takes the fall for dismal EV sales
Share on FacebookShare on TwitterShare on LInkedIn



When Elon Musk first launched a bid to acquire Twitter three years ago, a move many of his supporters would grow to oppose, the entrepreneur’s most trusted lieutenant at Tesla quickly chimed in to offer his unconditional support.

“Thank you for what you’re doing. We all love you and are always behind you!” Omead Afshar wrote in a text message sent that same April day. “Not having a global platform that is truly free speech is dangerous for all.”

On Thursday, Forbes and CNBC reported that Afshar was fired, taking the blame for failing to turn around a precipitous fall in sales that traces its origins to the controversial Twitter purchase.

In the wake of his controversial management of the social media platform, Tesla’s once rapid EV sales growth first began to tail off in 2023 before turning negative for the first time last year.

Yet it was only after Musk completed his political journey from centrist to “Dark MAGA”, as he called himself, that sales really began to nosedive.

Tesla, which earlier this month saw the departure of its humanoid robot program director, did not reply to a Fortune request for a statement. Afshar was not reachable for comment.

Musk’s jack-of-all-trades

Starting out in the office to the CEO eight years ago, Afshar was a jack-of-all-trades deployed to solve various problems, earning him the reputation of being a “fixer”.

Asked once to describe his role at Tesla, Afshar paused to reflect. “It changes by the minute, it depends on the day of the week you ask me,” he said at the time. “I support the business doing anything and everything.”

His most prominent role came in setting up the Austin gigafactory, a plant with a larger footprint than the Pentagon. It would go on to become the heart of the company’s operations, where new technological innovations like the structural 4680 battery pack and the Cybertruck were first rolled out.

More recently, it has become home to a new “Cortex” data center for training its self-driving software and will be the manufacturing site for the upcoming CyberCab robotaxi model.

Shortly after Trump sailed to victory, Musk entrusted Afshar in November with solving his growing demand problem. However, it appears that there are some things even he couldn’t fix.

Tesla’s reputational decline from the best to the worst

Presiding over sales just as the “Tesla Takedown” boycotts were gathering steam in the United States, the pace of the brand’s descent has since gathered steam. 

Global deliveries dropped 13% in the first quarter, with Musk going on to admit he was having “great difficulty” running his companies while serving the Trump administration.

The situation is even worse in Europe, where Musk’s fascist-like salute and his endorsement of Germany’s far-right AfD party, saw consumers flee the brand amid “Tesla shame”.

The latest data out of Europe, a market under Afshar’s remit, shows sales declining by 37% in the two months through May. 

Whether Afshar could have solved this is highly doubtful since the problem rests heavily with Musk’s own decisions. Perhaps the best indicator charting his fall from grace has been the annual Axios Harris poll, in which consumers are asked to name two companies that come to mind with the best and worst reputations, respectively.

Months after the Twitter deal closed, the survey first registered 2023 a sharp drop in sentiment towards Tesla, which had climbed to 8th place only two years prior. 

Last month, however, Musk’s carmaker joined Twitter (now “X”) and the Trump Organization among those named with the worst reputations.



Source link

Tags: AfshardismalElonFallFixerLoyalMusksOmeadsalestakesTeslaTrusted
ShareTweetShare
Previous Post

Voice, Exit, and Cheerleaders – Econlib

Next Post

Top 10 des technologies émergentes 2025

Related Posts

edit post
Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

by TheAdviserMagazine
March 12, 2026
0

The Indian stock market has entered a volatile phase after a brief period of stability, as rising geopolitical tensions and...

edit post
Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut

Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut

by TheAdviserMagazine
March 11, 2026
0

Shares of Elfin Agro India are set to debut on the BSE SME platform on Thursday with the grey market...

edit post
Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

by TheAdviserMagazine
March 11, 2026
0

Closed schools. Work-from-home demands. Price caps.Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and...

edit post
The shadow fleet and illegal oil are still moving through the Strait of Hormuz

The shadow fleet and illegal oil are still moving through the Strait of Hormuz

by TheAdviserMagazine
March 11, 2026
0

Iran has threatened to destroy any ships, including oil tankers, that pass through the strait from the oil depots of...

edit post
King penguins are a rare species seemingly benefiting from climate change. Here’s why

King penguins are a rare species seemingly benefiting from climate change. Here’s why

by TheAdviserMagazine
March 11, 2026
0

The warming world has disrupted the timing for plant and animal reproduction, and it’s usually bad news for species that...

edit post
Oil shock, inflation pressures dampen RBI rate-cut hopes

Oil shock, inflation pressures dampen RBI rate-cut hopes

by TheAdviserMagazine
March 11, 2026
0

Mumbai: The probability of a further cut in India's policy interest rates in the current easing cycle has significantly reduced,...

Next Post
edit post
Top 10 des technologies émergentes 2025

Top 10 des technologies émergentes 2025

edit post
Harvard makes contingency plans for international students

Harvard makes contingency plans for international students

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
North Carolina Updates How Wills Can Be Stored

North Carolina Updates How Wills Can Be Stored

February 10, 2026
edit post
Gasoline-starved California is turning to fuel from the Bahamas

Gasoline-starved California is turning to fuel from the Bahamas

February 15, 2026
edit post
Where Is My 2025 Oregon State Tax Refund

Where Is My 2025 Oregon State Tax Refund

February 13, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
2025 Delaware State Tax Refund – DE Tax Brackets

2025 Delaware State Tax Refund – DE Tax Brackets

February 16, 2026
edit post
If You Can’t Defend the Hire, You Can’t Defend the Fleet – What Driver File SOPs Mean in the New Era of Compliance

If You Can’t Defend the Hire, You Can’t Defend the Fleet – What Driver File SOPs Mean in the New Era of Compliance

0
edit post
Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

0
edit post
How To Trade War Stocks

How To Trade War Stocks

0
edit post
The Value of Structured Think-Aloud Methodologies in the Age of AI – Faculty Focus

The Value of Structured Think-Aloud Methodologies in the Age of AI – Faculty Focus

0
edit post
Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

0
edit post
Saudi Arabia Is Playing The Long Game

Saudi Arabia Is Playing The Long Game

0
edit post
Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

March 12, 2026
edit post
Saudi Arabia Is Playing The Long Game

Saudi Arabia Is Playing The Long Game

March 12, 2026
edit post
Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut

Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut

March 11, 2026
edit post
Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war

March 11, 2026
edit post
XRP Withdrawal Surge Meets .4B ETF Inflows as Capital Returns to Select Altcoins

XRP Withdrawal Surge Meets $1.4B ETF Inflows as Capital Returns to Select Altcoins

March 11, 2026
edit post
Is Your Property Tax Bill Based on Human Error?

Is Your Property Tax Bill Based on Human Error?

March 11, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Amid market volatility, Neeraj Dewan sees opportunities in these three sectors
  • Saudi Arabia Is Playing The Long Game
  • Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.