Tesla’s ad spend on X has shrunk to almost nothing
Tesla spent $400,000 advertising on Elon Musk’s social media platform X in 2024, according to a new regulatory filing. But the automaker appears to be on track to spend just a fraction of that in 2025 as sales have struggled. In the first two months of 2025, Tesla spent $10,000 on X ads, putting it on track to spend only $60,000 annually unless it radically increases its advertising for the remainder of the year. During the same time period last year, it had already spent $200,000 on X, Tesla disclosed. Tesla’s spending slowed considerably after those first two months, paying another $200,000 across the remainder of 2024. Tesla never used to advertise. It wasn’t until CEO Elon Musk gave in to shareholder pressure in 2023 that he said his company would try it out. Ads…
