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Trump Backs Tesla Amid Protests, Stock Rises Slightly

3/12/2025

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Summary

Story summary

President Donald Trump came to Elon Musk's defense as Tesla faced stock struggles and protests. In a bold move, he announced plans to purchase a Tesla, condemning supposed Democratic boycotts. Following his remarks, Tesla's stock saw a slight uptick, even as protests and vandalism against the company's vehicles and dealerships continued nationwide.

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Story summary

President Donald Trump came to Elon Musk's defense as Tesla faced stock struggles and protests. In a bold move, he announced plans to purchase a Tesla, condemning supposed Democratic boycotts. Following his remarks, Tesla's stock saw a slight uptick, even as protests and vandalism against the company's vehicles and dealerships continued nationwide.