President Donald Trump is standing up for Elon Musk as he faces death threats withering attacks on his businesses over his leadership of Trump’s efforts to reform the federal government with DOGE, the Department of Government Efficiency.
Trump posted overnight on Truth Social he will be buying a Tesla on Tuesday:
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! 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. They tried to do it to me at the 2024 Presidential Ballot Box, but how did that work out? 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. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???
In recent weeks, attacks on Tesla vehicles and dealerships have accelerated around the country. Teslas have been set on fire and had their wheels stolen…
…while dealerships and charging stations have been shot up and firebombed in addition to being targeted by protesters.
And…
Video from Charging station attack.
Radical left lunatics are even attacking Teslas and Cybertrucks as they are being driven on city streets and leaving threatening flyers on their Teslas.
The flyers:
Tesla’s stock price has taken a major hit this year (excerpt via DPA/Yahoo Finance):
Shares of US electric carmaker Tesla plunged by more than 15% on Monday, erasing all the gains made following the US presidential election in November.
The sharp decline followed a lowered delivery forecast from an analyst, which further pressured the stock price.
…After Trump’s win, Tesla’s stock price soared, peaking in mid-December when it was worth roughly twice as much as on election day in early November. However, since then, the price has steadily declined, with the slide accelerating in recent weeks.
Tesla ended 2024 with its first drop in deliveries in more than a decade, despite Musk’s earlier predictions for growth.
In mid-December, Tesla’s market capitalization reached more than $1.5 trillion, with shares trading around $480. But as of Monday, the stock price had fallen to about $222, bringing Tesla’s market cap down to around $715 billion.
On Monday, Fox News host Sean Hannity told Trump’s daughter-in-law Lara Trump he had recently bought a Tesla to support Musk in the face of attacks on him: Video.
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