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Trump calls Tesla boycott 'illegal' and says he's buying one to support Elon Musk - TL;DR CNBC

Trump calls Tesla boycott 'illegal' and says he's buying one to support Elon Musk

Publishing timestamp: 2025-03-11 11:14:32


Summary

President Trump expressed his intent to purchase Tesla to support Elon Musk amid backlash over Musk's involvement in global politics, causing trouble for the automaker's stock. Despite this, Tesla shares rose after Trump's announcement and a positive note from Morgan Stanley.


Sentiment: MIXED

Tickers: TSLA, 

Keywords: autos,  markets,  donald j. trump,  investment strategy,  breaking news: politics,  business news,  donald trump,  politics,  stock markets,  breaking news: markets,  government and politics,  climate,  technology,  breaking news: technology,  elon musk,  tesla inc,  breaking news: investing, 

Source: https://www.cnbc.com/2025/03/11/trump-says-hes-buying-a-tesla-to-support-elon-musk-and-counter-illegal-boycott-of-ev-maker.html


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