Trump announces he’ll buy brand new Tesla to – Business News
President Trump stated he’ll buy a Tesla to assist DOGE head Elon Musk’s “baby” after the electric car producer has confronted plummeting stock and boycotts over its billionaire CEO’s work with the White House.
Trump rushed to Musk’s protection in opposition to the so-called “Radical Left Lunatics” who’ve staged protests in opposition to Tesla throughout the US because the company’s chief has been hacking away at federal authorities spending and jobs in his new gig main the Department of Government Efficiency.
“To Republicans, Conservatives, and all great Americans, Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing a FANTASTIC JOB!” Trump wrote on Truth Social shortly after midnight Tuesday.
Elon Musk and President Trump during an govt order signing within the Oval Office on the White House on Feb. 11, 2025. Getty Images
“But the Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World’s great automakers, and Elon’s ‘baby,’ in order to attack and do harm to Elon, and everything he stands for.”
The president stated he’d buy a Tesla within the morning “as a show of confidence” in Musk, who can also be the CEO of SpaceX and the social media platform X.
“In any event, I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American,” he wrote. “Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???”
It’s unclear what model Tesla Trump plans to buy.
The electric automotive maker’s share price has nose-dived by almost a third since Trump grew to become president after an initial increase. Tesla’s stock has dropped by more than 28% within the final month and almost 32% since Jan. 1.
Trump stated he’ll buy a Tesla to assist DOGE head Elon Musk’s “baby” after the electric car producer has confronted plummeting stock and boycotts over its billionaire CEO’s work with the White House. Getty Images
Protests in opposition to Musk and his authorities cuts have popped up at quite a few Tesla dealerships throughout the nation — together with a Manhattan showroom, the place six protesters had been arrested on Saturday.
A Tesla dealership in Colorado was vandalized final month when a 40-year-old girl allegedly spray-painted “Nazi cars” on the building and hurled Molotov cocktails at automobiles on the property.
Tesla homeowners have additionally reported that their vehicles have turn out to be a goal for anti-Musk vandalism. Some homeowners have changed Tesla logos on their rides with badges of different auto producers in an attempt to thwart potential vandals — and/or distance themselves from the DOGE head and his political opinions.
