Right About Now with Ryan AlfordSearch 660 episodes
Leadership & Decision-Making

Why did Tesla stock rebound after Trump defended Elon Musk?

Answered independently in 2 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.

Business News Roundup: Tiktok $32b Revenue - Tariffs  - Doge Goal
Weekly Business News For July 26 | The Biggest Failures in History: CrowdStrike Tech Issue and Kamala’s Nomination
The short answer

What the archive says

01Trump's defense of Musk on Truth Social helped Tesla shares rebound 5% by Tuesday afternoon after a 15% drop on Monday. source →

02Elon Musk's Trump endorsement likely runs against his own commercial interest given Tesla's largely liberal buyer base, which the hosts read as a personal rather than business decision. source →

In their words

What was actually said

But he knows it's not necessarily good for business for him to endorse Donald Trump. We've already talked about all liberals that usually buy his Teslas.
Ryan Alford · Weekly Business News For July 26 | The Biggest Failu (26:38)
Lots of defending on truth social. Trump called Musk calling him a truly great American and accused a radical left with a legally boycotting Tesla.
Ryan Alford · Business News Roundup: Tiktok $32b Revenue - Tariffs (22:45)
The episodes

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