Trump Defends Musk Amid Tesla Stock Struggles, Calls Boycott ‘Illegal’

Elon Musk, the CEO of Tesla and the world’s wealthiest individual, is facing a rough patch as his company struggles with a massive drop in stock value. In just one day, Tesla’s shares plummeted by 15%, continuing a downward spiral that has seen them lose more than half their value since December. This slump is reportedly causing Musk some stress, and he’s blamed a variety of factors, including rivals and liberal forces, for Tesla’s downfall.

Donald Trump, the former president, has jumped to Musk’s defense. In a Truth Social post, Trump accused “Radical Left Lunatics” of orchestrating an “illegal and collusive boycott” against Tesla. He expressed support for Musk by stating he would buy a new Tesla as a show of confidence, claiming Musk’s hard work is critical to America’s success.

While Trump and Musk have been involved in controversial political and business decisions over the years, including pushing for government cuts and firing public servants, their actions have sparked debate. Critics argue there is no evidence of a widespread boycott against Tesla, and point to the duo’s policies as the likely cause of Tesla’s stock problems.

Trump’s defense of Musk, despite the company’s troubles, highlights the ongoing conflict between the two men and their allies. While they present themselves as victims of unfair treatment, many question whether the real issues lie with their own actions.