PANews reported on March 12 that US President Trump said Tesla (TSLA.O) is a great product and revealed that he will buy a red Tesla Model S. He also said that Tesla CEO Elon Musk was treated unfairly and called Musk an important part of Tesla. Any violence against Tesla (TSLA.O) dealers will be labeled as domestic terrorism, and warned that the perpetrators will pay a heavy price. At the same time, he emphasized that the market sell-off has nothing to do with him and is not worried about market fluctuations.
Tesla CEO Elon Musk said the company plans to double vehicle production in the United States in the next two years. He also stressed that he will continue to serve as Tesla's CEO and remain highly cautious about any situation that may affect Social Security benefits.
Trump said he "sees no signs" of a recession and denied that the current economy is at risk of a recession. The U.S. economy will "explode," and stressed that workers must return to their jobs and factories must reopen. He also said that despite market fluctuations, the United States must rebuild the country and is confident of future economic prosperity.
