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https://www.gate.com/announcements/article/45974
Trump supports Musk: Attacking Tesla is terrorism, buying a Model S on the spot turns the White House into a Tesla showroom
President Trump held a press conference at the White House, announcing on the spot the purchase of a red TSL Model S, emphasizing full payment to show support for Musk. In addition, he characterized recent violent actions against TSL dealers as 'domestic terrorism,' highlighting the relationship between the two. (Background: TSL plunges 15%! Nationwide 'anti-Musk' protests erupt, rare heartfelt words: operating Tesla after joining DOGE extremely difficult) (Market context: US stock flash crash leads to BTC falling below $77,000, Ethereum breaking $1,800, TSL plummeting 15%... market concerns about economic recession becoming reality) President Trump announced at the latest press conference the purchase of a red Model S to be placed at the White House for staff use, resembling a TSL sales event on site. CNN described the press conference as 'quite dramatic,' with Trump holding a TSL vehicle price list and announcing on the spot his full payment purchase, calling Musk a 'patriot' and believing Musk is unfairly attacked for cutting government spending. Trump: Attacks on TSL dealers equivalent to terrorism Not only publicly supporting Musk, Trump also announced that any violent actions against TSL dealers or vehicles will be classified as 'domestic terrorism.' He emphasized: If anyone does this, they will pay the price. This statement not only shows support for TSL, but further binds the interests of Trump and Musk. It is interpreted by the outside world that in the future, the US government's policies in the electric car industry will lean towards supporting TSL rather than traditional car manufacturers. TSL stock stabilizes after fall, Musk's influence deepens TSL stock plummeted 15% on Monday, marking the largest fall in four years. However, after Trump's high-profile support, the stock rebounded by 3.79% on Tuesday, closing at $230.58, with a 1.35% rise in after-hours trading. Facing market fluctuations, Musk reassured investors on Twitter: It will be fine long-term. However, many investors believe that his relationship with Trump may affect the future development of TSL and even influence the government's direction on electric car policies. It will be fine long-term — Elon Musk (@elonmusk) March 10, 2025 Trump's major shift in attitude towards electric cars? Trump has repeatedly criticized electric car policies in the past, even threatening to cancel electric car subsidies to revive the US gasoline car market. However, his personal purchase of TSL now raises questions about his future policy direction. Experts analyze that Trump values 'relationships and interests' more than political commitments. This also means that Musk's influence in the Trump administration may further increase. TSL's autopilot technology, charging station subsidy programs, and even regulations related to cryptocurrency payments may receive more Favourable Information policies due to Trump's changing attitude. TSL previously accepted BTC (BTC) and DOGE for vehicle and accessory purchases, but later canceled due to regulatory issues. If Musk gains more influence in the Trump administration, reopening cryptocurrency payments at TSL in the future and even promoting looser regulatory policies may no longer be a fantasy.