Posted by Alumni from The Atlantic
March 13, 2025
In 2023, Donald Trump posted that electric-car supporters should 'ROT IN HELL.' Now he is showcasing Teslas on the White House lawn. Yesterday, the president stood with Elon Musk and oohed and ahhed at a lineup of the electric vehicles, saying that he hoped his purchase of one would help the carmaker's stock, which had halved in value since mid-December thanks to a combination of customer backlash and general economic uncertainty. (The stock has rebounded by 7.6 percent since yesterday.) Trump does not own shares in Tesla, as far as we know. He has said that he is supporting the carmaker because protesters are 'harming a great American company,' and has suggested that people who vandalize Tesla cars or protest the company should be labeled domestic terrorists. But he also seems interested in helping his friend, the special government employee Elon Musk, maintain his status as the wealthiest man in the world. Yesterday's White House spectacle was, my colleague Charlie Warzel wrote,... learn more