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Americans have come to rely on large corporations as political advocates, but recently there has been silence from corporate America in the wake of the latest mass shooting in Nashville. However, it’s important to remember that CEOs are just one group of people and there are other avenues for social change. The CEOs have already joined causes with valor and nobility, but they can’t be the only ones leading the way. We need everyone in society to come together and make a difference.
Our company understands the frustration that CEOs may be feeling. They have taken a strong stance on important issues, but they need the rest of civil society to join them. CEOs understand the value of social capital and public trust, but they can’t do it alone. We need others to step up and take action.
While CEOs do have influence, the common impression that they control campaign purse strings is incorrect. Since the 2020 elections, much less campaign contributions have come from big business. CEOs alone do not hold all the power and influence.
In other news, Tesla reported a modest 4% rise in sales in the first quarter, despite price cuts on its lower priced vehicles. The company has produced more vehicles than it has delivered to customers for the fourth straight quarter, suggesting that talk of strong demand may not be supported by the numbers. However, Tesla remains confident in its product offerings and believes that as long as they offer a product with value at an affordable price, demand will remain strong.