US President Donald Trump has labeled protests against electric vehicle manufacturer Tesla as domestic terrorism, calling the perpetrators “bad people” who will “go through hell”. The statement came after a surge in anti-Tesla demonstrations, which are largely attributed to Elon Musk’s increasingly prominent role in politics.
Tesla shares rose 4% following Trump’s endorsement of CEO Elon Musk. In response, Musk pledged to double Tesla production over the next two years. Musk has been at the center of controversy for his involvement in US politics, with many protests against Tesla citing concerns about his influence on policy decisions.
The unrest has also led some analysts to question the role of social media platforms in spreading misinformation and fueling public discontent. As tensions continue to escalate, it remains to be seen how Musk’s pledge will impact the company’s production and sales targets.
Source: https://www.reuters.com/world/us/trump-says-he-will-buy-new-tesla-show-support-musk-2025-03-11