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.
Yeah, it was valued at more than multiple handfuls of other car companies combined - like all other US car companies combined, for example, ridiculous. Many investors have pointed out it’s an overvalued meme stock for years, that it’s just banking on Musk pulling more rabbits out of hats.