Donald Trump warns that anyone who opposes Tesla will face severe consequences as he transforms the White House into a Tesla showroom.
Former President Donald Trump has made headlines recently for his strong defense of Tesla.
In a bold statement, he warned that anyone who “messes with” the electric car company will face serious consequences.
This declaration came as Trump turned the White House into a temporary Tesla showroom, showcasing his support for the brand.
Background on Tesla and recent challenges
Tesla, a leader in electric vehicles, has faced numerous challenges in recent weeks. The company’s stock has seen significant fluctuations, affecting its market value.
Elon Musk, the CEO of Tesla, recently experienced a major financial loss, with reports indicating he lost $29 billion in just one day.
This turmoil has raised concerns among investors and fans of the brand.
As tensions rise, Trump has positioned himself as a staunch ally of Musk and Tesla. He has expressed a desire to boost the company’s image and sales during this turbulent time.
By showcasing Tesla at the White House, Trump aims to rally support for the brand and highlight its importance to the American economy.
Trump vows to put those targeting Tesla ‘through hell’
During his remarks, Trump emphasized that vandalism against Tesla vehicles would not be tolerated.
He referred to those damaging Tesla cars as “domestic terrorists.” This extreme language reflects Trump’s commitment to protecting what he sees as a vital American company.
The president stated firmly: “I’ll do it. I’m going to stop them… because they’re harming a great American company. I’ve stuck up for a lot of American companies.
“I do favors for all… when you heard an American company, especially a company like this, applies so many jobs that others are unable to do, when you do that, those people are going to go through a big problem when we catch them.”
“We’re going to catch up, and they’re bad guys. They’re the same guys that screw around with our schools and universities. The same garbage.
“And no, we’re going to catch them, and let me tell you, you do it to Tesla, and you do it to any company. We’re going to catch you, and you’re going to go through hell.”
Trump turns the White House into a showroom for Tesla
In an unusual move, Trump briefly transformed the White House into a Tesla showroom.
He posed in front of various Tesla models, including the popular Cybertruck.
This display was not just a publicity stunt; it was a clear message of support for the electric vehicle manufacturer.
Trump held a price list for Tesla models, highlighting his commitment to the brand.
This event aimed to draw attention to Tesla’s innovations and contributions to the automotive industry.
Stock market reaction to Trump’s comments
Following Trump’s statements, Tesla’s stock saw a slight uptick.
On March 11, shares increased by 3.8% after a significant drop the previous day.
Analysts noted that while the boost was positive, it came after a historic decline in Tesla’s stock, which had fallen by 15% on March 10.
Baird analyst Ben Kallo said: “When people’s cars are in jeopardy of being keyed or set on fire out there, even people who support Musk or are indifferent Musk might think twice about buying a Tesla.”