Brief by Shorts91 Newsdesk / 01:47pm on 11 Mar 2025,Tuesday International
Donald Trump announced he will buy a Tesla after the company’s stock dropped 15.4%, blaming “radical left lunatics” for boycotting Elon Musk’s firm. Analysts say the decline is due to falling Tesla sales and production concerns. The market downturn followed investor fears over Trump’s tariffs, which could slow economic growth. Despite supporting Musk, Trump’s policies have limited electric car sales by revoking EV mandates and halting charging station funds. After his statement, Tesla shares rose 5% in premarket trading. Meanwhile, protests against Musk’s politics continue as Tesla faces competition from Chinese EV makers.
