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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: autosmarketsdonald j. trumpinvestment strategybreaking news: politicsbusiness newsdonald trumppoliticsstock marketsbreaking news: marketsgovernment and politicsclimatetechnologybreaking news: technologyelon musktesla incbreaking 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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