Short answers, pulled from the story.
Bob Dylan performed his first concert with electric instruments on Sunday, the 25th of July 1965. This performance took place at the Newport Folk Festival and featured a rock band backing him.
Members of the folk movement including Irwin Silber and Ewan MacColl criticized Bob Dylan for moving away from political songwriting. Silber published an Open Letter to Bob Dylan in November 1964 criticizing his departure from political themes.
Poor sound quality was the reason Pete Seeger gave backstage for disliking the performance. He told audio technicians Get that distortion out of his voice because it is terrible and wanted to cut cables so the audience could hear lyrics properly since he thought they were important.
Jim Irsay owner of the Indianapolis Colts football team purchased the instrument for nine hundred sixty-five thousand dollars. The guitar was sold by Christie's auction house in December 2013 after a legal dispute with Dawn Peterson.
On the 26th of July 2015 the guitar played at Newport was publicly performed for the first time in fifty years during a tribute set. The tribute included Gillian Welch Dave Rawlings Willie Watson and Jason Isbell among others.