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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 (33592 Views)

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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
undecided undecided undecided undecided undecided...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? shocked
level dey imagine tinubu advertising product for dangote

38 Likes 1 Share
turmacs(f): 8:30am On Mar 12
grin

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 cheesy

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 cool
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 grin

3 Likes

maivd: 8:39am On Mar 12
Everyday247:
The US president don dey products? shocked

Trump is a mess right now

9 Likes 2 Shares
Cmanforall: 8:39am On Mar 12
emmy512:

Tesla is done.?
grin


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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