Donald Trump Calls Tesla Boycotts 'Illegal' as Elon Musk's Company Faces Trouble: 'Why Should He Be Punished?'

Mar. 15, 2025

Donald Trump and Elon Musk.Photo:Brandon Bell/Pool via AP

Brandon Bell/Pool via AP

PresidentDonald Trumphas vowed to supportElon Muskamid ongoing boycotts and protests toward the billionaire’s Tesla company.

“To Republicans, Conservatives, and all great Americans, Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing a FANTASTIC JOB!” Trump wrote.

Elon Musk and Donald Trump.Justin Merriman/Bloomberg via Getty

Justin Merriman/Bloomberg via Getty

Trump insisted, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???”

Tesla co-founder and CEO Musk then responded on hissocial media platform X, “Thank you, President @realDonaldTrump!”

Trump did not specify which model he was looking to purchase.

PerCNBC, Tesla’s stock suffered its steepest drop in nearly five years on Monday, March 10. The outlet stated that the stock had plunged every week since Musk took on his powerful White House role.

Fox Businessreported that Monday’s trading session marked Tesla’s largest single-day percentage decline since 2020 after it fell 15.4%. At one point in September 2020, it fell more than 21% in a day.

A photo of a Tesla Store in Palo Alto, California.David Paul Morris/Bloomberg via Getty

David Paul Morris/Bloomberg via Getty

While commenting on a post about the stock plungeon X, Musk insisted, “It will be fine long-term.”

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Tesla has faced protests in showrooms and charging stations in multiple states including Colorado and Massachusetts recently, per theBBC. There’s also been a spike in Tesla Cybertrucks being vandalized.

The EEOB, which houses various agencies within the Executive Office of the President, is part of the White House compound and is situated directly across from the West Wing.

source: people.com