Tesla Stock Rises as Trump Backs Musk and Issues Threats

Trump warns of severe consequences for attacks on Tesla, classifying them as domestic terrorism amid rising protests.

Mar 12, 2025 - 17:34
 0
Tesla Stock Rises as Trump Backs Musk and Issues Threats

Trump Issues Stern Warning Against Attacks on Tesla Vehicles

March 12, 2025

Amid a resurgence in Tesla’s stock value, U.S. President Donald Trump has issued a severe warning to individuals engaging in attacks or disruptive actions against the company’s vehicles and stores. The president declared that any such actions would be classified as acts of domestic terrorism, with harsh consequences for those involved.

Tesla shares saw a near 4% increase after recovering from a recent decline. In a show of support for the electric vehicle manufacturer, President Trump personally purchased Tesla cars for his staff, reinforcing his endorsement of the company’s innovation and sustainability efforts.

Beyond his purchase, Trump sent a clear message to those targeting Tesla properties, stating, “If you attack Tesla or any business, we will arrest you, and you will face severe consequences.” His remarks align with his broader support for Tesla CEO Elon Musk, a close ally who currently leads the Trump administration’s Efficiency Department, known as Doge.

Escalating Protests and Security Concerns

White House spokesperson Harrison Fields condemned ongoing demonstrations against Tesla, characterizing them as actions driven by radical left-wing activists and equating them to domestic terrorism.

Recent protests have been reported in multiple locations, with approximately 350 demonstrators gathering outside a Tesla store in Portland, Oregon. Additionally, nine individuals were arrested during protests in New York earlier this month. There have also been reports of vandalism targeting Tesla vehicles and retail locations, prompting law enforcement investigations.

A group behind the so-called ‘Tesla Takedown’ demonstrations responded via the social media platform Bluesky, asserting that their protests are peaceful and oppose all forms of violence.

Trump’s Symbolic Tesla Purchase

In a further display of support for Musk and Tesla, President Trump announced the acquisition of a Tesla Model S, a premium electric vehicle starting at approximately $80,000. His move underscores a political alignment with Musk and aims to bolster confidence in Tesla amid rising tensions.

Speaking from the White House with several Tesla vehicles arranged in the background, Trump reiterated that any attacks on the automaker would be treated as domestic terrorism, with offenders facing significant legal repercussions.

The ongoing unrest surrounding Tesla highlights the growing divide between corporate innovation and activist movements, with the administration taking a firm stance against disruptions affecting American businesses.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

mwaso Mwaso is an accredited journalist and the current affairs editor at Mwaso.com. With a solid academic foundation, he holds a degree in Communication and Journalism. Mwaso has established himself as a dedicated and insightful professional, bringing his expertise to the world of journalism through engaging, thought-provoking coverage of current events. His work continues to contribute significantly to the media landscape, offering timely and impactful analysis across various topics.