Trump offers support to Musk’s car company in a surprising post as Tesla stock plunges - AP News

Breaking News: Unexpected Support from President Trump for Elon Musk's Car Company

In a surprise move, President Donald Trump took to social media on Thursday morning to express his support for Elon Musk's car company. This development comes as a shock, given the two men's long-standing public feud.

### Background on the Feud

The public feud between Trump and Musk dates back several years. The two have engaged in numerous exchanges on Twitter, with Musk often criticizing Trump's policies and behavior. Trump, on the other hand, has frequently targeted Musk on social media, calling him out for his business decisions and personal life.

### The Unexpected Support

In a tweet posted early Thursday morning, President Trump wrote: "I want Elon, and all businesses … [to] SUCCEED!" This statement came as a surprise to many, given the president's previous criticism of Musk's companies, including Tesla and SpaceX.

### Reaction from the Public

The reaction to Trump's tweet was immediate and varied. Many on social media praised the president for his support, with some even hailing it as a surprise about-face in their opinion of Trump. Others were more skeptical, pointing out that Trump had previously used Musk as a scapegoat for various issues.

### Analysis of the Statement

So what does Trump's tweet mean? Some analysts believe that Trump may be attempting to shore up support among the business community, which has been critical of his policies in recent months. By supporting Musk and Tesla, Trump may be trying to demonstrate his commitment to entrepreneurship and innovation.

Others argue that Trump's statement is simply a PR move, aimed at bolstering his image as a champion of business and industry. Whatever the motivations behind the tweet, one thing is clear: it marks a significant shift in the public feud between Trump and Musk.

### Implications for Tesla and SpaceX

Trump's support for Musk and Tesla has significant implications for both companies. For Tesla, which has been a frequent target of criticism from Trump, this development could signal a new era of cooperation and support from the White House. This could potentially boost Tesla's stock prices and provide a much-needed boost to the company's sales.

For SpaceX, Trump's endorsement may also have an impact on its operations and funding. As a private company that has received significant government contracts for its work on NASA's Artemis program, SpaceX may benefit from increased support and backing from the White House.

### Conclusion

In conclusion, President Trump's surprise tweet in support of Elon Musk's car company marks a significant shift in the public feud between the two men. While the motivations behind the statement are unclear, one thing is certain: this development has far-reaching implications for Tesla, SpaceX, and the business community at large.

As the situation continues to unfold, it will be interesting to see how Trump's support for Musk plays out in practice. Will it lead to new deals and partnerships between the two companies? Or will it simply be a PR move aimed at bolstering Trump's image as a champion of business? Only time will tell.

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  • "SpaceX Launches New Rocket, Receives Boost from White House Support"
  • "Trump's Business Plan: A Look at the President's Efforts to Revitalize American Industry"

Upcoming Events:

  • Tesla Investor Day: Expected to take place in the coming weeks, this event will provide an opportunity for Musk and other Tesla executives to discuss the company's future plans and strategy.
  • SpaceX's Next Launch: Scheduled to launch in the coming months, this mission will mark a significant milestone for NASA's Artemis program and provide a boost to SpaceX's reputation as a leader in space exploration.