Trump Endorses Electric Vehicles and Elon Musk, Boosts $TSLA

Jun 7, 2024, 06:07 PM

Former President Donald Trump has publicly expressed his support for electric vehicles and Tesla CEO Elon Musk. In a recent statement made last night, Trump emphasized that he is a 'big fan of electric cars' and a 'big fan of Elon Musk.' He highlighted the importance of consumer choice, stating that while many people will want to buy electric cars, it is crucial to have the option to purchase other types of vehicles as well. Trump's remarks have been interpreted as a significant endorsement of electric vehicles, potentially influencing his followers' views on the matter. The statement also had a positive impact on Tesla's stock, $TSLA.