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Elon Musk Says Tesla Will Double US Production in 2 Years After Trump Backs EV Giant Amid Stock Slump - Tesla (NASDAQ:TSLA)

  • Elon Musk has announced that Tesla will double vehicle production in the U.S. Within two years, stating it is "in support of the policies of President Donald Trump."
  • President Donald Trump showcased Tesla vehicles in a show of support and bought a Tesla Model S Plaid amid declining stock prices.
  • Tesla's stock price fell over 15%, resulting in a loss of $130 billion in market capitalization.
  • Protests against Tesla have emerged in the U.S. And Europe, criticizing Musk's political activities.
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BlackPressUSA broke the news in on Tuesday, March 11, 2025.
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