Summary
Elon Musk gave Donald Trump a scripted sales pitch during a White House event where Trump inspected Teslas.
Photographers captured Trump holding notes with phrases like “SAFEST car” and “affordable.” The stunt followed a 15% drop in Tesla’s stock, linked to backlash over Musk’s involvement in DOGE.
Trump defended Musk on Truth Social, blaming the decline on a “Radical Left” boycott.
Meanwhile, Musk’s other ventures, including X and SpaceX, are struggling with outages and test failures.
If your sales decline is because of a boycott by the “radical left”, doesn’t that mean that your product mostly appeals to … The “radical left”?
There is no boycott. People just don’t want to buy it.
The ones that do want to buy one already bought one. It’s unfortunate for Musk that his wealth is tied to an unrealistic expectation of continuously increasing sales, but that’s just bad judgement on his and the investors parts.