After Tesla's shares fell by 15%, Donald Trump expressed his support for Elon Musk and his car company TESLA, stating that he would buy a new Tesla as a sign of confidence in the company. Trump highlighted that members of the radical left were trying to boycott and illegally harm Tesla to damage Elon and his values.
"The lunatics of the radical left, as they usually do, are trying to illegally and collusively boycott Tesla, one of the great automobile manufacturers in the world and Elon’s 'baby', to attack and harm Elon and everything he represents," said Trump. In a gesture of support, he announced that he would buy a new Tesla vehicle to lift Elon Musk's spirits.
After the fall of Tesla's shares and a cyberattack on another of Musk's companies, Donald Trump decided to back his advisor by buying a Tesla car. Trump has imposed tariffs on countries like Mexico, Canada, and China, which has led to retaliations and distrust among investors, also affecting Elon Musk, a key member of his cabinet.
Black Monday on Wall Street and Tesla's troubles occurred amid trade and political tensions, prompting Trump to show his support for Elon Musk. This backing comes at a time when Musk faces challenges in both business and cybersecurity, with mentions of a possible cyberattack on one of his platforms.
