Elon Musk appears be to turning off potential Tesla buyers with his embrace of far-right politicians around the world, analysts say, and the hit couldn't come at a worse time.

The backlash against the electric vehicle company has intensified as the billionaire ally of President Trump exerts his power over the federal government.

Self-described “long-term optimist” Elon Musk made another bold prediction about his car company. That isn’t necessarily good news for Tesla’s stock price.On Saturday, Musk tweeted that Tesla’s earnings could grow tenfold over the coming five years if its business execution is “outstanding.

Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.

Industry data showed Tesla sales fell 45% in Europe in January while overall EV sales jumped 37% in the region.