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Trump’s endorsement of Tesla won’t help
AlArabiya English
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3/13/2025
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News
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00:00
And finally, shares in Tesla are absolutely tanking and we've seen Trump basically go
00:07
all out to support the brand. You know, we've got pictures right now on the White House
00:12
lawn and there's a whole variety of Teslas there and he's saying, I'm going to buy one
00:17
and he's really supporting Elon Musk. What do you make of all of this?
00:22
Yeah, it's an interesting way to go about things to say the least. And I talk about
00:29
this with my friends and family all the time. I think folks on both the left and the right
00:34
agree that we could all have more efficiency within the federal government, that we could
00:39
find areas to slim down and trim the government and that we need to address our federal debt.
00:48
But the way that Elon Musk and the Doge team is going about it is not very popular,
00:54
as indicated with what's happening with the Tesla stock. So I think this would be nothing
01:00
more than a short-lived gimmick by the Trump administration to try to bolster any type of
01:08
popularity with Tesla. But if this attack on kind of the government bloat is done so
01:18
in such a reckless manner by Doge, I fear that it's more trouble for Tesla stock moving forward.
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