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It seems Tesla CEO Elon Musk’s political maneuvering may have backfired in a significant way. On Tuesday, US President Donald Trump stood alongside the tech mogul and a red Tesla Model S outside the White House, announcing his intention to buy the electric car for his staff to use and paying full price for it.

Trump’s unprecedented endorsement of the electric vehicle (EV) giant comes after months of mounting criticism over Musk’s increasing involvement in both US and foreign politics — including support for far-right parties in Europe — and after billions of dollars were erased from Tesla’s shares.

That Musk sought the president’s public support suggests that he has been unsettled by protests, consumer boycotts, and even sabotage attacks on Tesla vehicles, charging stations, and production plants. These incidents prompted Trump to condemn them as cases of “domestic terrorism.”

Could politics be blamed for falling Tesla sales?

Tesla’s plummeting sales have amplified the pressure on the company. In Germany, where Musk endorse
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Source: https://www.dw.com/en/is-elon-musk-s-politics-threatening-tesla-and-his-empire/a-71896718?maca=en-rss-en-all-1573-rdf