Elon Musk has asserted that Donald Trump will pursue those undermining Tesla Inc. TSLA and its financial backers.
What Happened: Musk emphasized that individuals spreading misinformation about Tesla are the true culprits. He stated, “The people pushing the propaganda against Tesla are the real villains here and we are going to go after them.”
This declaration underscores Musk’s determination to confront those he believes are spreading falsehoods about the company.
The Tesla CEO further mentioned that President Trump has expressed a commitment to addressing these issues. Musk quoted Trump, saying, “President Trump made it clear we are going to go after them. The ones providing the money, the ones pushing the lies and propaganda.”
See Also: Elon Musk’s Tesla At Risk Of Being Removed From EV Incentive Program In UK After Canada
The remarks highlight Musk’s ongoing battle against what he perceives as misinformation campaigns targeting Tesla. The involvement of the U.S. president adds a significant dimension to this narrative, indicating a possible escalation in efforts to counteract these challenges.
Why It Matters: Recent events have intensified the scrutiny surrounding Tesla, with a wave of vandalism incidents targeting the company. Despite law enforcement agencies dismissing claims of coordinated attacks, at least 10 Tesla locations have been vandalized, including incidents of arson.
A map detailing Tesla owners and facilities has surfaced online, though its origins remain unclear.
In Austin, Texas, police discovered multiple incendiary devices at a Tesla showroom, prompting an FBI investigation. The Austin Police Department Bomb Squad safely secured the devices, but no suspects have been identified so far. The investigation is ongoing.
In response to these threats, the FBI has launched a task force to address the escalating violence, which FBI Director Kash Patel has condemned as “domestic terrorism.” The FBI is taking additional measures to coordinate a response to the rising threats against Tesla.
Amid these challenges, Tesla has seen a surge in trade-ins, with a record number of vehicles being exchanged due to backlash against Musk’s association with the Trump administration.
According to Edmunds data, Tesla vehicles from model year 2017 or newer accounted for 1.4% of all vehicles traded in until mid-March, a significant increase from 0.4% the previous year.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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