Good friends shine in difficult times. And Donald Trump rushed to support his friend Elon Musk, lending him a hand with the purchase of a Tesla car, at a time of storms for the electric car giant.
The entire planet has fully understood that Trump's second term as US President will be full of surprises and unexpected events, and this is best confirmed by the transformation of the White House into a Tesla "representative".
At an event held in front of the White House, President Trump appeared among various Tesla models, purchasing, as he had promised, a red Tesla Model S for $80,000.
The reason he did this is to give a boost to the company's sales, which have been declining recently.
Donald Trump, while riding in the Tesla Model S, appeared impressed by the 1,020 horsepower electric vehicle and said: " Wow, beautiful ."
In his meeting with Musk, who was sitting in the passenger seat, Trump jokingly commented that the experience could cause the Secret Service to have a heart attack, due to the allusions to electric vehicle explosions.
Just because the corruption plays out in public doesn't mean it's not corruption. https://t.co/fYFP5u4pU9
— Chris Murphy ???? (@ChrisMurphyCT) March 11, 2025
At the same time, Trump announced that his administration would characterize the recent attacks on Tesla dealers as acts of terrorism, claiming that they targeted an important American company.
The president then, in a post on Truth Social, praised Elon Musk, calling him a "fantastic" patriot who "does what's best" for the nation.
Trump also accused "radical left-wing lunatics of orchestrating an illegal boycott" of Tesla to undermine Elon Musk and his values.
Trump's move had a direct impact on Tesla's stock market value. According to CNN, the company's shares rose 3.8% on Tuesday, recovering losses from the previous day.
Tesla shares have suffered their biggest drop in five years, losing about $800 billion in market value since reaching its peak in December.
Several factors are driving Tesla's decline. Analysts are predicting a 6% drop in car deliveries in the first quarter compared to last year, signaling weakening demand.
Furthermore, Elon Musk's deep political involvement - particularly his role in the Trump administration's Department of Government Efficiency - has worried investors. To complicate matters, Musk's platform, 'X', suffered a major cyberattack, adding to the concerns.
Despite the recession, Tesla maintains its position as the most valuable automaker, with a market value of $696 billion – far surpassing competitors like Ford and VW. (A2 Televizion)
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