Archive · 24 Jul 2025

Trump Supports Tesla Amid Stock Decline, Citing Future Potential

Trump Supports Tesla Amid Stock Decline, Citing Future Potential

Former President Trump showed public support for Elon Musk's car company, Tesla, after their previous disagreements.

Tesla's stock went down because the company didn't make as much money recently and expects a difficult time ahead.

Trump previously threatened to hurt Musk's businesses, but now wants them to succeed.

Tesla's sales and profits decreased.

The company is working on self-driving cars and robots, but these aren't making much money yet.

Tesla is losing some government benefits.

Musk said that Tesla's future is in autonomous driving.

Tesla plans to offer robotaxi services soon.

Sources