Wed Mar 12 06:58:34 UTC 2025: **Trump Shows Support for Tesla Amidst Controversy**
WASHINGTON D.C. (March 12, 2025) – President Donald Trump purchased a Tesla Model S on Tuesday, publicly demonstrating his support for Elon Musk and his company amidst declining sales and stock prices. Trump, who announced his intention to buy the vehicle on social media, described the car as “beautiful” and praised Musk’s contributions to his administration. The purchase, estimated at $80,000, comes as Tesla faces criticism for Musk’s involvement in Trump’s political agenda and government downsizing efforts.
The president’s show of support follows a significant drop in Tesla’s stock price since Trump took office. He attributed the recent attacks on Tesla and Musk to a “Radical Left Lunatic” boycott, declaring that Musk “shouldn’t be sacrificed” for his service to the nation. Trump’s public endorsement appears to be a strategic move to bolster Tesla’s image and potentially reverse its recent financial downturn. Tesla’s stock experienced a nearly 4% increase following the news.
Musk, who serves as an advisor to President Trump, continues to lead Tesla, SpaceX, and X (formerly Twitter). He recently reported a major cyberattack on X and setbacks with his Starship rocket program. Others, including conspiracy theorist Alex Jones, have also voiced support for Musk, highlighting a broader trend of loyalty among Trump’s allies to the controversial CEO.