Overview
- Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla stock, drawing criticism for violating federal ethics rules.
- The Trump administration has shown unprecedented support for Tesla, including hosting a Tesla car show at the White House and condemning attacks on dealerships as 'domestic terrorism.'
- Tesla faces significant challenges, including a 50% drop in stock value since late 2024, a major Cybertruck safety recall, and violent attacks on its facilities.
- Elon Musk's dual role as Tesla CEO and head of the Department of Government Efficiency has fueled concerns about conflicts of interest and his focus on Tesla's struggles.
- Federal charges have been filed against individuals accused of vandalizing Tesla properties, as the administration continues to defend its support for Musk and Tesla.