Trump Announces Plan to Buy Tesla Amid Protests Against Elon Musk
Washington, 11th March 2025: Former President Donald Trump declared his intention to purchase a new Tesla vehicle, expressing support for Elon Musk amid growing protests against the electric car manufacturer.
In a post on his social media platform Truth Social, Trump labeled Musk “a truly great American” and criticized the so-called “Radical Left Lunatics” for attempting to boycott Tesla due to Musk’s involvement in government efficiency initiatives.
Trump’s announcement comes at a time when Tesla’s stock has seen a significant decline, dropping over 15% recently, marking a total decline of 41% in 2025. The protests against Tesla have been linked to Musk’s role as head of the Department of Government Efficiency (DOGE), where he has overseen substantial cuts to federal jobs and budgets.
Demonstrators have gathered outside Tesla showrooms across the country, chanting slogans like “Elon Musk has got to go,” reflecting public discontent with Musk’s political entanglements.
In his post, Trump stated, “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 further highlighted that Musk is “putting it on the line” for the nation and criticized the protests as an illegal attempt to harm both Musk and Tesla.
Elon Musk responded positively to Trump’s announcement, thanking him publicly on social media. This endorsement comes as Tesla faces scrutiny not only from protesters but also from investors concerned about its declining sales and the impact of Musk’s political activities on the company’s performance.
The protests have been mostly peaceful but have included incidents of vandalism at Tesla facilities. Law enforcement agencies are investigating these incidents as tensions rise over Musk’s leadership style and his close association with Trump.
Market analysts suggest that while Trump’s support may boost confidence among his political base, it remains uncertain how much impact it will have on Tesla’s financial health amid increasing competition in the electric vehicle market.
As Tesla navigates these challenges, it will need to address both its business fundamentals and public perception to regain stability.
Overall, Trump’s announcement reflects a complex intersection of politics, business, and public sentiment as both he and Musk face significant challenges in their respective arenas.
