Since assuming government competence in President Donald Trump’s administration, US billionaire Elon Musk has faced financial challenges in his company “Tesla”, because of his recent government decisions. And which has caused many criticisms against him.
The recent period witnessed campaigns to boycott Tesla due to the policy of reducing government spending and raised slogans entitled “Boycott Tesla, sent a mask to Mars, a mask that steals us.” The protesters say they are seeking to harm the companies of the economic mask and pressure it to withdraw its decisions on government spending that caused economic damage to many Americans.
The protests and boycott contributed to the decrease in Tesla on the New York Stock Exchange by 15% in Monday’s session alone, in its worst daily performance since 2020.
Tesla’s market value also decreased to less than one trillion dollars, the lowest level since November 2024, that is, before Trump’s victory.
As for President Trump, he rushed to turn the White House into something like a Tesla cars show, and announced his full support for his friend and government advisor. After inviting him to buy Tesla, the car’s shares improved, and rose 4%.
Wealth brings them together
Tweets interacted on social media with Trump’s support for his government advisor, where many different comments were received, some of which were monitored episode (3/2025/12) of the “Networks” program.
Martin commented, “Trump supports Mask?
“Trump does not seem to have been a source of luck for a mask; since I saw them together and the poor is a mask whose conditions are deteriorated. Is the solution now a marketing campaign from Trump to Tesla?”
Another opinion has another opinion, saying, “The mask of a national man, who loves America, does not want her to go bankrupt. He worked hard to fight corruption and government waste and I think we must support him instead of attacking him.”
- On the other hand, Lauren wrote, “Elon Musk, who has money and power, does he feel bored? Why does he insert himself into political problems as if he has not enough concerns?
It is noteworthy that Tesla represents an important part of Elon Musk’s wealth, and the decrease in its shares and loss of about 29 billion dollars in one day, which did not affect his wealth, but rather that his company intends to “double” its production in the United States within two years, in the context of what he described as the broader policies of President Trump and his administration, and his belief in America.
