On Tuesday, President Donald Trump revealed his plan to acquire a Tesla while showing his support for Elon Musk during the time Tesla encounters declining sales and stock value. Trump shared on Truth Social that he planned to purchase a fresh Tesla the following day to demonstrate his backing of American businessman Elon Musk.
Trump denounced “radical left lunatics” for conducting an “illegally and collusively” Tesla boycott while he considered the automaker to be one of the world’s top companies. Consumer boycotts have received legal protection under the First Amendment according to established legal precedents.
The recent troubles faced by Tesla stem from Musk’s strong connection with Trump through his position as head of the Department of Government Efficiency (DOGE). The political storm surrounding Elon Musk has led analysts to identify it as the main reason Tesla stock values decreased by 45% during 2025. The stock performance of Tesla reached its worst level since 2020 during Monday’s trading session, which intensified investor worries.
Musk revealed to Fox Business that his government responsibilities have made it harder for him to handle his business operations. The combination of Tesla dealership vandalism incidents and European market sales decline points to how Musk’s political activities might damage Tesla’s reputation. Baird analyst Ben Kallo pointed out that the possibility of Tesla vehicles getting vandalized might discourage even Tesla fans from buying the cars.
Trump expressed admiration for Musk’s leadership because he believes the entrepreneur is risking everything to support America. The stock price of Tesla experienced a minor increase on Tuesday after Trump supported the company and Morgan Stanley released a buying recommendation following market declines. The political and financial developments create an unclear future for both Tesla’s reputation and Musk’s position at the company while attracting worldwide attention.
