Tesla Stock Tanks, But Trump’s Surprise Move Could Shake Up the Market!
In a dramatic show of support for Tesla and its CEO Elon Musk, former President Donald Trump has purchased a Tesla Model S, calling ongoing protests against the company “illegal” and accusing activists of trying to sabotage Musk’s influence.
The move comes as Tesla faces a sharp decline in stock value and growing public backlash, with a wave of protests targeting the electric car giant. Trump’s endorsement could inject fresh energy into the struggling brand, but analysts remain divided on whether it will help or hurt the company in the long run.
Why Trump Is Rallying Behind Musk
On March 11, 2025, Trump took to Truth Social, his social media platform, to blast anti-Tesla protests and boycotts, calling them a coordinated attack by the radical left. He vowed to show his support by purchasing a Tesla himself, praising Musk as a “true patriot fighting for American innovation.”
Keeping his promise, Trump was photographed selecting a cherry red Tesla Model S alongside Musk on the White House lawn. While Secret Service rules prevent him from personally driving it, the vehicle will reportedly be used for official White House business.
Tesla’s Struggles: A Perfect Storm of Controversy
Tesla has been navigating a rough patch, with its stock taking a major hit over the past few weeks. Investors have grown uneasy over:
- Musk’s political involvement, which has alienated some consumer groups.
- Weakening European sales, after Musk voiced support for a controversial far-right political party.
- The rise of the “Tesla Takedown” movement, a protest campaign urging consumers to boycott the brand in response to Musk’s political influence.
While many protests have been peaceful, there have been reports of vandalism at Tesla dealerships, leading Trump to label the movement as “domestic terrorism.”
Will Trump’s Support Help or Hurt Tesla?
Analysts remain split on the potential impact of Trump aligning himself with Musk.
Some experts warn that Tesla becoming a political symbol could backfire, alienating potential buyers who want to keep their car purchases separate from partisan debates. Others argue that Trump’s backing might stabilize Tesla’s stock and rally investors who see Musk as a defender of free speech and innovation.
The Road Ahead for Tesla
With Tesla facing mounting pressure, Trump’s endorsement has added another layer to the company’s high-stakes drama. Will this boost consumer confidence and help reverse the stock’s downward spiral? Or will it further divide the company’s customer base?
One thing is certain—Tesla’s future just got a whole lot more unpredictable.
