Elon Musk Reveals Donald Trump's Surprising Stance On EVs, Says Former President Is 'Huge Fan' Of The Tesla Cybertruck

Benzinga Neuro

June 13, 2024

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk disclosed that former President Donald Trump is a big supporter of electric vehicles, despite his public criticism of the industry.

What Happened: At Tesla’s annual meeting, Musk stated that Trump is a "huge fan" of the company’s futuristic Cybertruck, reported Bloomberg. Musk also mentioned that Trump frequently calls him, even though the reason for these calls remains unclear.

"I have had some conversations with him and he does call me out of the blue for no reason," Musk said.

Trump, who is expected to be the Republican presidential nominee, has previously expressed skepticism about EVs and their potential impact on the U.S. auto industry. However, his stance appears to have softened recently, with Musk advising him on cryptocurrency policy and Trump publicly praising Musk and EVs at a rally in Arizona.

Musk also highlighted that he has informed Trump about the benefits of EVs for the future and the U.S.’s leadership in battery-powered cars. He suggested that Trump’s friends, who are now Tesla owners, may have influenced his positive view of the Cybertruck.

See Also: Cathie Wood, Ark Invest Set New $2,600 Price Target For Tesla: ‘Every Car Becomes An AI-Powered Cash Flow

During the Q&A session, Musk was asked about his well-being, to which he humorously replied, “I probably need to work out and not get assassinated or something.”

Why It Matters: The relationship between Elon Musk and Donald Trump has evolved significantly over recent months. Back in March, Trump met with Musk and other Republican donors in a private meeting in Palm Beach, Florida, as he sought financial backing for his campaign.

Following this meeting, Musk announced he would not financially support either Trump or current President Joe Biden in the 2024 election.

Price Action: Tesla Inc closed at $182.47 on Thursday, up 2.92% for the day. In after-hours trading, the stock rose to $182.70, up 0.13%. However, over the past year, Tesla’s stock has seen a significant decline of 28.94%, according to the data from Benzinga Pro.

Read Next: Musk’s Dire Prediction: Civilization Rapidly Drifting Towards a Dystopian or Utopian Future

Image Via Shutterstock

This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote

Recommended

Biden Debate Disaster! - Ad

AI Giant To Close the AI "Wealth Window' June 25? - Ad

Weekend Gains Await You With Tim Sykes! - Ad

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Ex-CIA Insider Exposes How Dems Could Rig the Election

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Elon Musk's Parents Weren't Interested In Moving To The US, But He Got The Paperwork Done For Everyone Except His Father: 'You'll Never Be Successful'

Elon Musk's journey to the U.S. began without his father Errol Musk's support, highlighting a strained relationship and significant family tensions.

Top 3 Materials Stocks That May Explode In Q2

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

'Bombshell' Presentation Exposes Dark Side of Tech Billionaires

'Bombshell' Presentation Exposes Dark Side of Tech Billionaires - Ad

Blistering presentation exposes dark underbelly of Big Tech; their control over the economy and what you can do about it. If you watch just one presentation this year, make sure it's this one.

Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit

Tesla Inc (NASDAQ: TSLA) announced the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

This Election Shocker Could Be Worse Than Trump's Conviction

This Election Shocker Could Be Worse Than Trump's Conviction - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

Bitcoin At 'Do-Or-Die' Level And Dogwifhat 'Just Looks Sh*t,' Says Top Trader: 'Can't Pin This On Me'

Bitcoin (CRYPTO: BTC) is currently at a critical juncture, according to a prominent crypto analyst.

Faking an honest woman: Why Russia, China and Big Tech all use faux females to get clicks

WASHINGTON (AP) — When disinformation researcher Wen-Ping Liu looked into China's efforts to influence using fake social media accounts, something unusual stood out about the most successful profiles.

Buy This Sub-$5 Play on His Final Masterpiece

Buy This Sub-$5 Play on His Final Masterpiece - Ad

I just issued my latest prediction on how this billionaire is about to shock the world with what I believe will be his final masterpiece. Once he flips the switch... Which could happen as early as mid-2024... I believe it could send this sub-$5 play skyrocketing in the coming months.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

Trump's company: New Jersey golf club liquor license probe doesn't apply to ex-president

ATLANTIC CITY, N.J. (AP) — Former president Donald Trump is not the holder of liquor licenses at his three New Jersey golf clubs, his company said Tuesday in response to an inquiry by the New Jersey attorney general's office into whether his convictions in a New York case might affect those licenses.

Maximize Your Profits, Trade the Weekends With Tim Sykes!

Maximize Your Profits, Trade the Weekends With Tim Sykes! - Ad

Weekend trading, where market volatility meets your financial goals with Tim Sykes' favorite strategy. The best part? You can get started for just $7.

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia's long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided.

Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership

TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.

Expert: The Most Important Message You'll See in 2024

Expert: The Most Important Message You'll See in 2024 - Ad

In short, America is being invaded...The invasion spreading across America is coming from the ports, highways, and railroads. AND it's being invited in by the White House. Many will be blindsided, but if you prepare today, you could come out far ahead.

Is Altseason Around The Corner? Real Vision Analyst Reveals Key Indicators

Real Vision analyst Jamie Coutts on Thursday presented an optimistic outlook for high-quality altcoins, highlighting that the current setup appears increasingly favorable as global liquidity gears up for expansion.

Cathie Wood's Ark Invest Acquires $7.3M Worth Of Shares In This Promising Netflix Competitor, Sells Off Coinbase Stock Amid Bitcoin Slump

On Wednesday, Cathie Wood-led Ark Invest made significant trades in Roku Inc (NASDAQ:ROKU) and Coinbase Global Inc (NASDAQ:COIN), amidst a volatile market.

5 Wall Street Legends Just Bought This One Stock

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon

Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.

WonderFi Transforms Market With Launch Of Institutional Crypto Service Coinsquare Alpha

WonderFi delivered on its promise to attract institutional investors this week by launching Coinsquare Alpha.

The No. 1 AI Stock Right Now? [Not NVDA, TSLA, MSFT]

The No. 1 AI Stock Right Now? [Not NVDA, TSLA, MSFT] - Ad

A famous trader says they're a distraction. Instead, he's doing this.

Event Contract Trading Signals Uncertainty In Apple Monopoly Case During WWDC

Apple's chance of being seen as monopoly fluctuated during WWDC, with event contract trader Kalshi reporting a high of 68% on April 11.

Capcom's Street Fighter Film Locked For 2026 Despite Director Shift

Sony Pictures announces the release date for the new Street Fighter movie. Get the updates on Capcom's video game adaptation

Your Second Chance to Profit from AI

Your Second Chance to Profit from AI - Ad

If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... And send three overlooked stocks soaring 1,000%+

Micron Shares Slipping 8% After Hours 'Bad News' But 'Good News' Is The AI Trade Is Intact, Says Gene Munster

Micron Technology Inc. experienced a significant drop of nearly 8% in after-hours trading, following its latest earnings report. However, Gene Munster, the managing partner at Deepwater Asset Management, remains optimistic about the company's AI prospects.

This week's televised debate is crucial for Biden and Trump â€” and for CNN as well

NEW YORK (AP) — Joe Biden and Donald Trump won't be alone at . Moderators Dana Bash and Jake Tapper of CNN will be on camera, too, and there's a lot on the line for their network as it fights for relevance in a changing media environment.

After Conviction, There Could Be More Bad News for Trump

After Conviction, There Could Be More Bad News for Trump - Ad

Shiba Inu, Ethereum, Chainlink Flash This 'Long-Term Bullish Signal' Despite Recent Drop

While the cryptocurrency market edged lower Thursday, several of the most popular coins showed a strong bullish indication. What Happened: Ethereum, Shiba Inu, and Chainlink endured significant losses during the day, as indicated below.

JPMorgan's Top Strategist Sticks To Bearish S&P 500 Forecast, Warns Of 2008-Like Crash: 'Equities Continue To Price In Little Downside Risk'

JPMorgan Chase maintains bearish outlook on US stock market, predicting decline despite record highs. Fed may adjust projections and risks are abundant, but S&P 500 forecasts remain unchanged.

Where Buffett, Gates, and Bezos Are Investing Now

Where Buffett, Gates, and Bezos Are Investing Now - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Massachusetts on verge of becoming second-to-last state to outlaw "revenge porn"

BOSTON (AP) — A bill aimed at outlawing “revenge porn” has been approved by lawmakers in the Massachusetts House and Senate and shipped to Democratic Gov. Maura Healey, a move advocates say was long overdue.

Bitcoin Plunges Below $60K, Ethereum, Dogecoin Follow Down, But...'July Is Historically Bullish,' Says Trader

Cryptocurrency markets are down heavily in Monday trading, as Bitcoin plunged below $60,000 for the first time in weeks.

Discover "U.S.'s New Money" Before Biden Wins

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

VIDEO: Huge Cannabis March In Brazil As Supreme Court Considers Decriminalization

Watch the video of this Massive Cannabis March In Brazil advocating for cannabis reform as Supreme Court reconsiders decriminalization...

Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition

The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature

Could This New Project Top $1T?

Could This New Project Top $1T? - Ad

This billionaire has predicted that his new venture - something I'm calling "X-9840" - could become "a trillion dollar company." Today, only three companies in the US are worth more than $2 trillion. Microsoft... Apple...and Nvidia. This has nothing to do with electric vehicles... Self-driving cars, rockets, brain chips, or satellites.

Trump Media & Technology Stock Soars After Presidential Debate - What's Going On?

Trump's media group shares soared after the first 2024 presidential debate between Biden and Trump. Biden's age and hoarse voice raised concerns.

Trending Now

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival

Tommy Tuberville Sells Several Large Stock Positions, Makes New Buys: Here's What The US Senator Is Betting On Now

What President Biden's New Law Means for Investors - Ad

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections

The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over Iraq

Man Who Called Tesla at $37 Makes Next "Crazy" Call - Ad

Why Alibaba Stock Could Rally: Golden Cross In Sight

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

Revealed: AI Keeps Leading Famous Trader to New Tickers - Ad

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

Asia Mixed While European Markets Dip, Crude Slips To $77 On Reduced Demand Forecast - Global Markets Today While US Slept

America's 'Silent Invasion' - Is Your Town in the Crosshairs? - Ad

Robert F. Kennedy Jr. Is Facing Significant Financial Challenges In His Run Against Donald Trump And Joe Biden: Report

Boeing Insists On Adherence To Legal Agreement Post-737 MAX Crashes: Report

What Is Nvidia's New $1 Trillion Superproject? - Ad

Biden Vs. Trump Matchup In Key Swing State Of Arizona Shows One Candidate Pulls Ahead With Appreciable Lead, But This Demographic Could Tip The Scale For Either Candidate

US Supreme Court refuses to take up challenge to Florida's online sports betting compact

Elon Musk's Crazy New Experiment...REVEALED - Ad

Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses

Australian PM Slams Meta As Arrogant And Irresponsible, Urges Payment To News Outlets: 'They Should Fulfill The Commitments That They Had Previously Given'

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

Tesla Recalls More Than 11,000 Cybertrucks Over Applique Detachment Risk And Nearly 12,000 For Windshield Wiper Flaw

Amazon Boosts Indian Payments Business With $72M Investment To Take On Google Pay, Walmart-Backed PhonePe: Report

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

65% Of New Hampshire Residents Support Legalizing Adult-Use Cannabis, New Poll Shows

Dog fight! Joey Chestnut out of July 4 hot dog eating contest due to deal with rival brand

Wall St. Legend: Millions of Americans About to Fall Out of the 1% - Ad

Supreme Court Rejects Trump-Ally Steve Bannon's Appeal, Prison Sentence Looms

What's Going On With Ocean Power Technologies Stock After Hours?

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?

Meta's Ray-Ban Smart Glasses Face New Rival Powered By OpenAI's ChatGPT

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

The fizz is gone: Atlanta's former Coca-Cola museum demolished for parking lot

Shark Tank's Kevin O'Leary Says Can't Imagine What Kim Jong Un, Xi Jinping, And Other US Adversaries 'Were Thinking Watching The First 10 Minutes' Of Biden Vs. Trump Debate: 'That Was Brutal'

The 7th Trillion Dollar Company? - Ad

The 'AI Big 10': 10 AI Stocks Now Comprise 28% Of S&P 500, Up From 14% In 2023

Workers sue Disney claiming they were fraudulently induced to move to Florida from California

Oppenheimer of Our Age Makes Startling Discovery - Ad

Biden Accuses Trump Of Having Sex With A Porn Star When Melania Was Pregnant During The Debate: 'You Have The Morals Of An Alley Cat'

This Biopharma Stock Is Trading 23% Higher In Pre-Market After Wrapping Up $4M Public Offering

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

Is Kamala Harris The Answer To Joe Biden's Shortcomings? Poll Hints At Voter Sentiment Toward Possible Replacement Candidate

'Hamster' crypto craze has taken Iran. It highlights economic malaise ahead of presidential election

Amazon's Betting Big on This Unknown AI Company - Ad

Scaramucci Says Democrats Have To 'Switch Up Their Strategy Immediately' After Biden's 'Brutal' Debate Performance: 'Trump Will Win On Nov. 5 Unless ...'

Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD 'Can Profitably Export Even At A 35% Tariff,' Says Expert

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.