Violence against Tesla dealerships will be considered an act of domestic terrorism, and perpetrators will “go through hell,” declared US President Donald Trump on Tuesday. His statement came as a strong show of support for Tesla CEO and close ally, Elon Musk.
Tesla Stock Rebounds After White House Visit
Following Trump’s remarks, Tesla’s shares closed nearly 4% higher, recovering from the previous day’s biggest single-day drop in over four years. The president’s endorsement was further solidified when he appeared alongside Musk at the White House to select a new Tesla for his staff.
Protests Against Musk and His Government Role
Recent demonstrations, labeled “Tesla Takedown” protests, have been staged by activists opposing Musk’s influence in the government. His role in leading the Department of Government Efficiency (DOGE) under Trump has fueled dissatisfaction, especially following widespread federal workforce cuts and the cancellation of humanitarian contracts.
Trump Condemns Attacks on Tesla
At the White House, Trump condemned the demonstrators, emphasizing that harming Tesla is akin to harming a great American company. Standing beside Musk, who was sporting a black “Make America Great Again” cap, Trump reinforced his tough stance against those who target Tesla.
White House Calls Tesla Attacks Domestic Terrorism
White House spokesperson Harrison Fields described the attacks on Tesla by leftist activists as “nothing short of domestic terror.” Recent weeks have seen multiple incidents, including vandalism of Tesla showrooms and violent protests outside dealerships, particularly in Portland and New York.
Protesters Insist on Peaceful Demonstrations
Despite Trump’s strong remarks, organizers of the Tesla Takedown protests maintain that their actions are peaceful and lawful. In a statement on Bluesky, they asserted that “peaceful protest on public property is not domestic terrorism” and vowed to continue their demonstrations.
Potential Legal Consequences for Protesters
Trump may direct the US Justice Department to prosecute Tesla dealership vandals under terrorism laws. However, legal experts are skeptical, arguing that vandalism does not necessarily meet the federal definition of terrorism, which involves violence intended to intimidate or coerce governments or civilians.
Trump Shows Support by Purchasing a Tesla
In a significant gesture of support, Trump chose to buy a Tesla Model S, which starts at around $80,000. While he admitted that he can no longer drive, he plans to keep the vehicle at the White House for staff use. Notably, he refused any discounts from Musk.
Tesla’s Market Challenges and Future Plans
Tesla’s market value has plummeted by over half since its record high of $1.5 trillion in December. Factors contributing to this decline include falling vehicle sales, investor concerns about Musk’s political entanglements, and protests against his government involvement. However, at the White House event, Musk announced plans to double Tesla’s production within the next two years.
Tesla’s Commitment to Growth
Musk reiterated Tesla’s dedication to increasing production and expanding its market presence. While he previously projected 20%-30% growth in vehicle sales, he stopped short of reaffirming that target. He also confirmed his commitment to remaining Tesla’s CEO while continuing his advisory role in Washington.
Conclusion
The escalating tensions surrounding Tesla reflect the growing intersection of politics and business. While Trump’s backing has provided a short-term boost, the company faces significant challenges, including market volatility, legal scrutiny, and public opposition. How Tesla navigates these challenges in the coming years will determine its long-term success.
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