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Trump Praises Musk at Media Event
At a recent media event following his second cabinet meeting on March 24, former U.S. President Donald Trump praised Tesla CEO Elon Musk, calling him a “patriot” and a friend. Trump acknowledged that Musk had faced significant challenges, referring to them as a “horrible situation,” though he did not specify details.
“He’s become a friend of mine,” Trump stated. “He has become a friend of mine and supported me in the election. That’s when I got to know him really.” He added that although he was somewhat acquainted with Musk during his first term, their relationship deepened later.
Trump further noted, “He has never asked me for a thing. He could have,” before jokingly adding, “That’s always subject to change, and if it does change, I’ll let you know about it.”
Trump’s Stance on Electric Vehicle Mandates
During his remarks, Trump reiterated his opposition to government-mandated electric vehicle (EV) adoption. He proudly mentioned that one of his first actions after returning to office was to repeal a 2021 executive order from President Joe Biden. That order aimed to make 50% of new vehicle sales electric or plug-in hybrid by 2030.
“I got rid of the electric car mandate. I have no idea how that affects it, but possibly not good,” Trump admitted, seemingly acknowledging potential implications for Musk’s Tesla business.
Tesla Under Attack: Trump Calls Out High-Level Terrorists
Trump also addressed a recent wave of attacks and protests targeting Tesla vehicles. He claimed that if Musk had not publicly supported him and engaged in cryptocurrency initiatives like Dogecoin (DOGE), “he wouldn’t have any of these” problems.
Referring to the perpetrators, Trump called them “high-level terrorists” and assured that law enforcement would track them down. He further suggested that some of the people backing these protests might be familiar faces in political or business circles. “Those (people) are in big trouble,” he warned.
Musk himself attended the cabinet meeting wearing a red baseball cap that read, “Trump Was Right About Everything,” further signaling his alignment with the former president.
What Undercode Says:
The Trump-Musk Alliance: A Strategic Relationship
Trump’s praise of Musk signals a deeper political and business alliance. While Musk has traditionally presented himself as an independent thinker, he has increasingly aligned with Trump’s policies, particularly those opposing government intervention in markets.
How Does This Affect Tesla?
Musk’s growing association with Trump raises questions about Tesla’s future in a politically divided landscape. While the repeal of the EV mandate may seem like a setback for the industry, Tesla’s dominant market position means it might not suffer as much as smaller EV companies that rely on government incentives. However, increased scrutiny and potential political backlash could affect Tesla’s brand perception and stock performance.
The Attacks on Tesla: Political or Something Else?
The recent attacks on Tesla vehicles and facilities suggest a broader conflict between political factions and corporate interests. Are these attacks genuinely acts of protest, or could they be fueled by external influences, such as competitors or political adversaries? Trump’s framing of the attackers as “high-level terrorists” might be an exaggeration, but it reflects the high stakes involved.
Musk’s Political Calculations
Musk’s public support for Trump could be a calculated move. By aligning with a powerful political figure, he may be seeking policy advantages, tax benefits, or protection from regulatory pressures. However, such a stance also risks alienating customers and investors who prefer to keep business separate from politics.
Dogecoin and Musk’s Influence
Trump’s reference to Musk’s role in leading Dogecoin (DOGE) adds an interesting layer to the discussion. Musk’s influence over cryptocurrency markets is undeniable, and his involvement with Trump could have implications for regulatory decisions on digital assets. Could we see a more crypto-friendly stance from a future Trump administration?
What’s Next for Tesla and Musk?
- Regulatory Shifts: If Trump continues to roll back EV-related policies, Tesla might have to adjust its business model, focusing more on market-driven demand rather than government incentives.
- Public Perception: Musk’s political alignment could impact Tesla’s customer base, especially among environmentally conscious buyers who favor progressive policies.
- Legal and Security Concerns: If Tesla is truly being targeted by politically motivated attacks, increased security measures and legal action might follow.
Fact Checker Results:
- Trump did repeal Biden’s 2021 EV mandate. ✅ Confirmed. This was one of his early executive actions in 2025.
- Tesla is facing attacks, but the motive remains unclear. ⚠️ Partially true. While Tesla vehicles have been vandalized, the extent of political involvement is uncertain.
- Elon Musk has never asked Trump for anything. ❌ Unverified. While Trump claims Musk never requested favors, there is no concrete evidence proving or disproving this.
References:
Reported By: https://timesofindia.indiatimes.com/technology/tech-news/us-president-donald-trump-makes-it-official-elon-musk-has-become-a-friend-of-mine-he-has-never-/articleshow/119470103.cms
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