2025-03-13 10:30:11

Trump's Support for Musk Amid Tesla's Struggles

Image courtesy of : AFP (MANDEL NGAN)

Amidst a crisis at Tesla, President Trump has publicly declared support for Elon Musk, labeling protesters against the electric car company as domestic terrorists. This endorsement coincides with a significant downturn in Tesla's sales and stock performance, which has plummeted by over 50%.

Trump has taken the unusual step of purchasing a red Tesla Model S, which he plans to keep at the White House for his staff, further solidifying his allegiance to Musk. However, the electric vehicle manufacturer faces mounting challenges, including declining European sales and increasing dissatisfaction among Tesla owners.

Additionally, the political connections between Musk and Trump have sparked controversy, raising ethical questions about presidential endorsements. As Tesla struggles to maintain its market share against rising competition, massive discounts are now being offered to stimulate sales.

The dynamic between Trump and Musk continues to draw attention, reflecting both their intertwined fates and the broader implications for Tesla's future.

The Street
13. März 2025 um 23:33

Tesla's White House swooning comes at a disappointing time TheStreet Daily Newsletter

Economy
Finance
Politics
Tesla CEO Elon Musk toured EVs with Trump at White House, as Trump denounced boycotts and planned to buy a Tesla. Tesla saw its new U.S. registrations fall 11% in January, while rivals surged 44%. Tesla's Model Y, Model X, and Model S saw significant drops, but Model 3 sales rose 19%. Tesla Cybertruck had 2,807 registrations, higher than 2024 but lower than 2024 average. Tesla's market share fell 12 percentage points to 42.5%, while Ford's Mustang Mach-E and F-150 Lightning led its EV surge. C..
EURACTIV.com
13. März 2025 um 05:00

Elon Musk’s behaviour is hurting Tesla

Economy
Finance
Politics
Technology
Tesla's European sales plummeting; Musk's controversial political ties to Trump; Tesla's aging product lineup; Tesla owners' dissatisfaction with Musk's behavior; Trump administration's policies hurting Tesla's business.
tz
13. März 2025 um 06:15

"He gave me notes": Musk likely orchestrates Trump's Tesla show at the White House

Politics
This event is part of the political dynamics between the USA and Ukraine. Elon Musk was present at the presentation of his company Tesla in front of the White House. The presentation served as a gesture of support for Musk by US President Donald Trump. He used the opportunity to highlight his friendship with Musk and to praise Tesla on a variety of aspects. Former President Joe Biden was portrayed as a contrast to Trump, who allegedly does not need notes to discuss important topics.
Frankfurter Rundschau
13. März 2025 um 04:58

From President to Car Dealer: Trump Calls Musk Protesters Domestic Terrorists

Politics
US President Trump refers to protesters against Elon Musk's Tesla as domestic terrorists. The electric car company's CEO is experiencing a crisis with declining sales and stock losses of over 50%. Trump is selling his own red Tesla Model S, which he will leave at the White House for his employees. His purchase is a sign of his support for Musk. Talk show host Jimmy Kimmel also makes fun of Trump's new role as a used car dealer. The leadership of the Department of Government Efficiency and mass..
CW

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