In a surprising turn of events, former President Donald Trump has expressed his intention to purchase a Tesla vehicle, signaling his support for Elon Musk. During a White House event, Trump was photographed holding a handwritten list of Tesla prices, which included various models and payment options. This move comes amid growing protests against Tesla and declining stock performance. Trump praised the quality of Tesla vehicles and highlighted Musk's dedication, despite previously expressing skepticism about electric cars. The event drew significant attention, with some viewing it as a strategic endorsement while others criticized the timing and context.
Tesla Prices on Display at White House Event
On a crisp Tuesday afternoon in March 2025, former President Donald Trump stood amidst a gathering at the White House, where several Tesla vehicles were parked on the south lawn. Trump, known for his unpredictable statements and actions, revealed his plans to buy a Tesla Model S, emphasizing his admiration for Elon Musk's contributions to the automotive industry. A photographer captured an image of a note held by Trump, detailing Tesla prices ranging from $35,000 to nearly $80,000. The note also mentioned monthly payment options starting at $299, resembling a sales pitch.
During the event, Trump approached a red Model S, remarking on its beauty and stating he would write a check for the car. He also announced that he would gift his 17-year-old granddaughter, Kai, a Cybertruck. Despite not being able to drive the vehicle himself due to security protocols, Trump expressed confidence in the capabilities of the White House staff to handle the electric vehicle. This decision marked a shift from his earlier stance, where he had voiced opposition to electric cars during a speech in Chicago in the summer of 2024.
The White House did not provide immediate comments on the list or the purchase intentions. However, this event occurred against a backdrop of increasing protests against Tesla and its leader, Elon Musk, both in the United States and Europe. These demonstrations have raised concerns about Musk's political affiliations and management focus. Additionally, Tesla's stock has faced significant challenges, plummeting by 55% from its peak in mid-December, closing at $230.58 on the day of the event.
Trump's endorsement of Tesla can be seen as a strategic move to bolster Musk's position amid these controversies. By praising the quality of Tesla products and Musk's dedication, Trump aimed to counteract the negative publicity surrounding the company. Nevertheless, the timing of this endorsement raises questions about its broader implications for both Tesla and Musk's public image.
From a journalist's perspective, Trump's sudden shift in stance toward electric vehicles is intriguing. It highlights the complex interplay between personal endorsements and corporate influence. While this move may provide a temporary boost to Tesla's image, it also underscores the volatile nature of public opinion and the challenges faced by companies like Tesla in maintaining consumer trust and market stability. Ultimately, Trump's actions serve as a reminder of the power of influential figures to shape public perception and market trends.