In a highly publicized event on March 11, 2025, US President Donald Trump purchased a red Tesla Model X on the White House driveway, signaling his strong support for Tesla CEO Elon Musk. The purchase, made in front of the press, comes at a time when Tesla is facing financial challenges due to declining sales and backlash over Musk’s increasing political influence.

Musk, who now also serves as the Head of the Department of Government Efficiency (DOGE) under Trump’s administration, personally presented several Tesla models on the White House South Lawn for the President to choose from. After inspecting the vehicles, Trump selected the red Model X, calling it “beautiful.”

Trump and Musk Discuss Tesla’s Performance

During the event, Musk climbed into the passenger seat of the Model X and joked about “giving the Secret Service a heart attack” while discussing Tesla’s acceleration and performance with Trump. Musk also showed Trump the Tesla Cybertruck, emphasizing its bulletproof design.

Trump, who is not allowed to drive while in office, clarified that he would leave the Tesla at the White House for staff use. He insisted on paying the full price of $80,000, stating, "I don’t want a discount. If I take a discount, they’re going to say, ‘Oh, I got benefits.’”

Political Backdrop and Tesla’s Financial Struggles

The timing of Trump’s Tesla purchase is significant, as Tesla’s stock has been in a sharp decline since the 2024 US Election Day. Critics argue that Musk’s dual role as Tesla’s CEO and a key government official has hurt the company’s image, leading to decreasing consumer confidence and falling stock prices.

However, following Trump’s high-profile Tesla purchase, Tesla stock saw a brief uptick, suggesting that the President’s endorsement may have helped restore some investor confidence.

Trump Calls Musk a “Patriot” and Pledges Protection for Tesla

Beyond the car purchase, Trump publicly praised Musk, calling him a “great guy” and a “patriot.” He emphasized that Musk was being “treated unfairly by a very small group of people” and insisted that he would not allow Tesla to suffer due to political pressure.

Trump also vowed to label attacks on Tesla dealerships as acts of domestic terrorism, signaling his administration’s commitment to protecting Musk and his businesses. When asked about violent protests targeting Tesla, Trump stated:

"I will do that, I'll do it. I'm going to stop them."

Impact on Tesla and Future Implications

Trump’s show of support for Elon Musk and Tesla could have far-reaching political and economic implications. While Tesla’s struggles are largely tied to market conditions and competitive pressures, Trump’s endorsement might help strengthen Tesla’s position in both political and investor circles.

As the 2024 US Election results continue to shape economic policies, Musk’s involvement in government affairs and his relationship with Trump are expected to play a crucial role in Tesla’s future. Whether this Tesla purchase triggers a sustained stock recovery or remains a symbolic gesture will depend on how investors and consumers respond in the coming weeks.

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