Tue Mar 11 07:34:50 UTC 2025: ## Trump to Buy Tesla in Show of Support for Musk Amid Protests
**New York, March 11, 2025** – President Donald Trump announced he will purchase a new Tesla vehicle to demonstrate his support for CEO Elon Musk amidst ongoing protests against the electric car company. These protests stem from Musk’s leading role in the Trump administration’s “Department of Government Efficiency” (DOGE), which has overseen significant federal workforce cuts.
Recent demonstrations, including one in Portland, Oregon, with approximately 350 participants, and another in New York City resulting in nine arrests, have targeted Tesla dealerships. Tesla’s market capitalization has plummeted by over half since December, fueled by declining sales, the controversies surrounding Musk’s political involvement, and investor concerns about his divided attention.
Trump, defending Musk on Truth Social, stated that Musk was “putting it on the line” and doing a “fantastic job.” Musk subsequently expressed gratitude for Trump’s support on X. The president’s purchase is intended as a public endorsement of Musk and a vote of confidence in the company.
First Piper 