Trump calls “illegal” Tesla boycott and says he is buying one to support Elon Musk

President Donald Trump shared his intention to buy a Tesla On Tuesday, to support Elon Musk as the sales of the manufacturer of electric vehicles and the price of the shares face the pressure of the CEO incursion in global policy, especially as head of the Efficiency Department of the Trump’s cost government.

“I’m going to buy a new Tesla tomorrow morning as a sample of confidence and support for Elon Musk, a great American,” Trump wrote in a publication Posted on Tuesday morning About social truth.

Trump said “the lunatics of the radical left” are “illegally and collusively” boycotting Tesla, which the president described as one of the best car manufacturers in the world. This action, Trump said, was an attack against musk and what it represents.

It is not illegal for consumers to boycott companies. The Supreme Court in 1982 governed The first amendment protects the rights of Americans to protest private companies.

Musk’s support to Trump in the period prior to last year’s presidential elections and subsequent leadership in his government efficiency initiative has caused a violent reaction. Analysts have cited this reputation change as a driver of problems for the actions of the car manufacturer, which published their Worse day since 2020 on Monday and has dropped 45% in 2025.

Musk recognized the success of his business In an interview on Mondaysaying that he was executing them “with great difficulty” due to their role of high profile with this administration. He told Fox Business that, as Doge head, “you are renouncing your other things.”

Information Of the Vandalized Tesla vehicles and concessionaires, as well as the protests, they offered evidence of growing opposition to musk that hits a boiling point. TO drop In European sales they alarmed that the presence of Musk as a political figure worldwide was hindering the image of the brand.

“When people’s cars are in danger of being nailed or burned, even the people who support Musk or are indifferent that Musk might think twice before buying a tesla,” Baird Ben Kallo analyst He said Monday In “Squawk on the street” by CNBC.

Trump said in his publication that Musk is doing a “fantastic work” and “putting it on the line” to help the United States to follow a New York Times report Last week, he presented the criticisms of the members of the Cabinet of Musk government efficiency initiatives.

Tesla’s actions appeared more than 2% in trade prior to Tuesday. In addition to the promotion of Tesla by Trump, the actions can also be helped by A note for Morgan Stanley customers advising them to collect actions after the strong decline.