The Tesla CEO already handed over $290 million to support Trump’s presidential campaign in the run-up to the election

Back in 2022, before Musk waded into presidential politics, automotive consulting firm Strategic Vision found that 22% of car shoppers surveyed said they would “definitely consider” a Tesla for their next vehicle purchase. That put Tesla on par with other luxury car brands such as Mercedes-Benz and BMW, said Alexander Edwards, the firm’s president.

Trump told reporters he would write a check for the car, which retails for roughly $80,000, and leave it at the White House so his staff can drive it. The president also said he hopes his purchase will boost Tesla,

This story was originally published by Grist with the headline MAGA Teslas? Elon Musk is upending the politics of EVs. on Mar 14, 2025.

After a slight rebound earlier this week, Tesla's TSLA stock is back to falling, keeping with its recent performance. Even U.S. President Donald Trump's purchase of one hasn’t done much to spark real momentum for the electric vehicle (EV) leader.

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