Core Viewpoint - Tesla's stock experienced a rebound after a significant decline, influenced by President Trump's defense of CEO Elon Musk and his commitment to the company [1][2][3]. Group 1: Stock Performance - Tesla stock fell over 15% on Monday due to sluggish sales both domestically and internationally, alongside concerns regarding Musk's focus on the company amid his other commitments [2]. - Following Trump's supportive comments, Tesla's stock rose approximately 4.8% during Tuesday's trading session [2]. Group 2: Political Involvement - Trump publicly supported Musk, stating that he is doing a "FANTASTIC JOB" and criticized those attempting to boycott Tesla [3]. - Musk's political involvement has led to protests and vandalism against Tesla vehicles and facilities, indicating a backlash against his association with the Trump administration [5]. Group 3: Incidents of Vandalism - A Tesla dealership in Oregon was shot at, resulting in damage to multiple vehicles, while another dealership faced Molotov cocktail attacks [6]. - Several Tesla charging stations in Massachusetts were set on fire, and incidents of vandalism involving Musk decals on Tesla vehicles were reported [7]. - Federal prosecutors charged an individual in Colorado after explosives were found at a Tesla dealership, highlighting the escalating tensions surrounding the brand [8].
Tesla rebounds after Trump defends Musk, brings EVs to White House