The anger levied toward automobile manufacturer Tesla reached a new level Tuesday as vehicles were set on fire in what appears to be a targeted attack in Las Vegas. According to a report from the Las Vegas Review-Journal, several of the company’s vehicles were ablaze in the early morning hours.
The company has been subjected to a widespread consumer revolt for much of the last several months. Indeed, the backlash has hindered the company’s overall value, with shares plummeting more than 35% over the last 30 days.
JUST IN: Tesla vehicles set on fire in targeted attack at Las Vegas service center.
— Watcher.Guru (@WatcherGuru) March 18, 2025
Also Read: Tesla (TSLA) to Fall for 9th Straight Week or Will a Reversal Begin?
Tesla Vehicles Set on Fire at Las Vegas Service Center
2025 has certainly not been kind to Tesla so far. With Elon Musk embracing political commitments made to the current Trump administration, the brand and EV manufacturer have struggled. Although an endorsement from US President Trump turned things around in the short term, they haven’t been able to save the company’s standing with the public.
Sales have been greatly affected this year, and angered civilians are taking concerning action against the company. Indeed, Tesla vehicles were set on fire in a targeted Las Vegas attack early Tuesday. Specifically, the Tesla Collision Center lot saw several cars set ablaze, with the Metropolitan Police Department not investigating the incident.
Also Read: Tesla Stock Plummets 50%: Should You Sell or Hold?
“Communications received information that an individual had set several vehicles on fire in the parking lot and caused damage to the property,” police said in an email. Although few updates are present now, the FBI is reportedly also on the scene, sources confirm.
The ongoing protests have hindered the company’s profits so far this year. JPMorgan analysts projected the company to report its lowered deliveries in two years. Moreover, they note the firm is facing “acute” effects of CEO Elon Musk’s “more divisive new role in government.”
However, Tesla is still a company with immense potential. There was some downside expected in 2925 as it shifted away from retail EV manufacturing. There are many who project a shift toward robotics to salvage its potential. With autonomous vehicles and the Optimus robot on the horizon, things could change rather quickly.
