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Trump Poses With Teslas In Front Of The WH, The Company’s Slumping Stock Climbs - Foreign Affairs - Nairaland 6g3k4q

Trump Poses With Teslas In Front Of The WH, The Company’s Slumping Stock Climbs (33586 Views)

AImiron(m): 11:05pm On Mar 11

New York, CNN— It was an extraordinary scene at the White House South Lawn Tuesday. President Donald Trump effectively held a combination press conference and live Tesla ad outside the White House, accompanied by the company’s CEO and Department of Government Efficiency Head Elon Musk – all in front of a line of shiny Tesla vehicles.

The scene was all the more remarkable because Tesla shares have been in a sharp slump recently, erasing all their gains since Election Day as Musk’s increasing political profile and moves to slash the federal government have drawn a major backlash and Europe sales decline.

Tesla stock climbed on Tuesday, with Trump saying that he would label any violence against Tesla dealerships as domestic terrorism. As he spoke, Trump was holding what resembled a Tesla showroom pitch with a list of vehicle prices, according to Getty Images. “Teslas can be purchased as low as $299/month or $35k,” the note said.

Tesla shares closed up 3.8% Tuesday, regaining some ground from Monday’s losses.

At the White House Tuesday, Trump said he would buy a Tesla and that he had bought a Cybertruck for his granddaughter.

“I think (Musk has) been treated very unfairly by a very small group of people, and I just want people to know that he can’t be penalized for being a patriot,” Trump said, as protests both violent and nonviolent have risen across the country against Tesla and Musk.

Trump had posted on Truth Social overnight he was “going to buy a brand new Tesla tomorrow morning as a show of confidence and for Elon Musk, a truly great American,” calling boycotts against the company illegal.

But some analysts still remain optimistic on Tesla. Wedbush said in a note Tuesday it was still bullish on Tesla’s innovation and technology outlook and expected only 5% of Tesla owners to second guess buying a Tesla again due to Musk. And other analysts saw the dip in Tesla shares as a buying opportunity.

Trump had said he would buy the Tesla full price.

“I don’t want a discount,” Trump said. “(Musk) would give me discount, but if I do a discount, they’re gonna say, ‘Oh, I got benefits.’”

Source: CNN

24 Likes 4 Shares

Sleyk: 11:19pm On Mar 11

...men dey.

45 Likes 2 Shares

CoronaVirusPro: 2:25am On Mar 12

Tesla is done already!

You not safe driving that in Europe or America at the moment.

Trump’s publicity does not appeal to the sets going after Elon.

The best thing Elon can do now is to sell it off . He is cause of his problems.

People don’t hate Tesla, Elon they hate.

77 Likes 13 Shares

Ringstonermasks: 6:01am On Mar 12

thank u Trump. We love u from Africa.

48 Likes 4 Shares

SouthSouth1914: 6:34am On Mar 12

This isn’t governance from America. Musk should understand politics isn’t to be mixed with business.

58 Likes 5 Shares

Everyday247: 6:45am On Mar 12

The US president don dey products? shocked

70 Likes 5 Shares

heniford2: 8:06am On Mar 12

Everyday247:
The US president don dey products?

level dey imagine tinubu advertising product for dangote

38 Likes 1 Share

turmacs(f): 8:30am On Mar 12

2 Likes

Squere(m): 8:30am On Mar 12

Trumped up showoff

2 Likes

SoftSport(m): 8:30am On Mar 12

Musk just unlocked the Presidential Edition Tesla grin

, comes with a built-in Twitter (or Truth Social) autopilot and a classified document glovebox.

20 Likes 1 Share

datola: 8:31am On Mar 12

Hmmm...

emmy512(m): 8:31am On Mar 12

CoronaVirusPro:
Tesla is done already!

You not safe driving that in Europe or America at the moment.

Trump’s publicity does not appeal to the sets going after Elon.

The best thing Elon can do now is to sell it off . He is cause of his problems.

People don’t hate Tesla, Elon they hate.

Tesla is done.?
grin

32 Likes 1 Share

TimiofAbuja: 8:31am On Mar 12

Little X don't know what God has done for him

1 Like

LoveJesus87(m): 8:31am On Mar 12

Cool.
TRUMP my Gee grin

3 Likes

goslowgoslow(m): 8:32am On Mar 12

Fake news! As of this morning Tesla stock is still down!

21 Likes 3 Shares

adexbols(m): 8:32am On Mar 12

Time will tell

2 Likes

inoki247: 8:32am On Mar 12

Lol all this one turn Govt to clowning...

From running Rug pull on his citizen through Crypto him and all his family member launching dere own coin to doing ads now...

13 Likes 1 Share

idalex: 8:33am On Mar 12

great

canalily(m): 8:33am On Mar 12

Trump is the face ambassador of Telsa for the next four years...., LoL 🤣🤣🤣🤣🤣🤣

3 Likes 2 Shares

sofeo(m): 8:35am On Mar 12

Alright

Trueprophet91: 8:36am On Mar 12

AImiron:

Source: CNN

The boss

diverseconcepts: 8:38am On Mar 12

CoronaVirusPro:
Tesla is done already!

You not safe driving that in Europe or America at the moment.

Trump’s publicity does not appeal to the sets going after Elon.

The best thing Elon can do now is to sell it off . He is cause of his problems.

People don’t hate Tesla, Elon they hate.

easy to type nonsense...go & buy it now grin

22 Likes 2 Shares

danvon(m): 8:38am On Mar 12

Elon Musk will soon become USA version of Samsung South Korea monopoly.

2 Likes 1 Share

Kailalomo(m): 8:38am On Mar 12

Una go cry tire seh, and Una go die!

CoronaVirusPro:
Tesla is done already!

You not safe driving that in Europe or America at the moment.

Trump’s publicity does not appeal to the sets going after Elon.

The best thing Elon can do now is to sell it off . He is cause of his problems.

People don’t hate Tesla, Elon they hate.

12 Likes

Fiscus105(m): 8:39am On Mar 12

AImiron:

Source: CNN

Only a foolish would think he would be bully and hurting me and I will resprocate by patrolising him, wen other people can also offer the same products.

LET THE MAN BE UNDOING AMERICA AND HIS FELLOW MAD FOLLOWERS BE SHARING HIM.

9 Likes 2 Shares

Kailalomo(m): 8:39am On Mar 12

No mind the useless terrorist er

diverseconcepts:

easy to type nonsense...go & buy it now

3 Likes

maivd: 8:39am On Mar 12

Everyday247:
The US president don dey products?

Trump is a mess right now

9 Likes 2 Shares

Cmanforall: 8:39am On Mar 12

emmy512:

Tesla is done.?

Don't mind him.
Just checkout who is advising billionaires

5 Likes 2 Shares

lexy2014: 8:40am On Mar 12

Ringstonermasks:
thank u Trump. We love u from Africa.

who are the "we"?

3 Likes

NtoAkwaIbom(m): 8:40am On Mar 12

Trump na business man
Scratch my back I scratch your back, but him the use America like na him household...

Him personally talk say him go buy shares for Tesla, all to boost shares

5 Likes 1 Share

Dogalmighty17: 8:41am On Mar 12

Everything trump touches dies. Everything! Musk must feel like a fool now. He spent 250m to help Trump get elected and since then he has lost over 100 billion dollars as Tesla shares keep tanking. It is over for Tesla as all over the world, a massive boycott of the company is happening.

Nazism,fascism, outright hate and bigotry have no place in today's world.

8 Likes 3 Shares

Watcharena: 8:42am On Mar 12

Just one contract from the white ,musk will recover every thing and even make gain

3 Likes

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