Donald Trump announced that he was purchasing a “brand new Tesla” and placed blame on the “radical left-handed man” who he claimed was orchestrating an “illegal” boycott. This announcement followed a significant drop in Tesla’s stock price, the worst in nearly five years.
During a press conference, President Trump also declared his intention to classify the violence against Tesla showrooms as domestic terrorism, responding to a reporter’s suggestion that such actions should be labeled as such.
He mentioned that he had spoken with Elon Musk and his son on his White House driveway, with a selection of Tesla cars parked for his choosing. Trump ultimately opted for a red Model S, praising Musk’s contributions to the country.
Trump went on to accuse the “radical left madman” of attempting to illegally boycott Tesla and harm the American automaker, posting his remarks on True Social and affirming his commitment to stopping the damaging boycott efforts.
Despite claims of the boycott being illegal, the Supreme Court ruling from 1972 protects the right of Americans to peacefully protest against private companies, challenging Trump’s stance on the matter.
Tesla’s stock has seen significant declines amid protests and threats linked to Trump’s tariff plans. The TeslaTakeown Group, organizing anti-Tesla protests, insists on their right to peaceful demonstrations outside Tesla showrooms.
Reports indicate a sharp drop in Musk’s net worth over the past year, impacting Tesla’s profits. Tesla board members, including Musk’s brother, have sold off millions in stocks, while Tesla car sales have also declined.
The boycott against Tesla emerged in response to Musk’s controversial “Doge” initiative and concerns over lack of transparency in federal spending. Polls suggest mixed public sentiment towards Musk’s influence and actions.
Source: www.theguardian.com