Trump Vows to Buy a Tesla to Support Musk After Shares Plunge
The president defended Elon Musk, a key donor and adviser, after shares in the electric-car maker hit their lowest point since before Election Day.
It Is Happening Every Day, Every Where
The president defended Elon Musk, a key donor and adviser, after shares in the electric-car maker hit their lowest point since before Election Day.
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.
The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the federal government.
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.
February numbers show the U.S. electric car maker is struggling to attract buyers in the region, as anger at Elon Musk’s politics intensifies.
The fires, which the police said were intentionally set, are the latest in a series of attacks against Elon Musk’s company.
The employee objected to a post on X by Mr. Musk, Tesla’s chief executive and a top adviser to President Trump, that referred to Nazi leaders.
President Trump’s first cabinet meeting was a display of deference to Elon Musk.
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.