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Elon Musk and Republican presidential nominee Donald Trump met Monday night time on an X livestream to discuss topics starting from immigration to overseas relations. Musk, who runs the main electrical car (EV) firm Tesla, notably pitched the pros of Tesla EVs to the over a million viewers who tuned into the dialog.
“Folks can nonetheless have a steak and so they can nonetheless drive gasoline automobiles, it is okay, I do not suppose we should always vilify folks for it,” Musk mentioned. “However I believe we should always simply typically lean within the course of sustainability.”
Musk mentioned that the long run that Tesla was attempting to maneuver folks in the direction of was photo voltaic and electrical. Solar energy would create the electrical energy wanted to gas autos.
“We do not imagine that environmentalism, that caring concerning the surroundings, ought to imply that you need to endure,” Musk mentioned, including that Tesla automobiles are “stunning,” “quick,” and “cool.” In keeping with outcomes posted in July, Tesla produced about 411,000 EVs in Q2 2024, leading to a second consecutive year-over-year drop in deliveries — however its outcomes beat Wall Street’s expectations.
— Elon Musk (@elonmusk) August 13, 2024
Trump complimented Musk on the X livestream, saying “You do make an amazing product I’ve to say. I’ve to be sincere with you. That does not imply all people ought to have an electrical automobile, however these are minor particulars, however your product is unbelievable.”
EVs have turn out to be a politically polarizing concern, with carmakers like Ford reducing how many they produce due to the political divide. Nevertheless, Musk’s EV pitch may assist bridge the divide.
“I believe there was a historical past of Musk with the ability to transfer former President Trump [on] electrical autos, authorities subsidies of that trade,” Veda Companions financial coverage analysis director Henrietta Treyz advised Bloomberg on Tuesday.
After Trump survived an attempt on his life in July, Musk not solely backed Trump with a written social media endorsement but additionally reportedly committed $45 million per month to America PAC, a pro-Trump tremendous political motion committee.
At a rally earlier this month in Georgia, Trump mentioned he had to back EVs after Musk’s endorsement.
“I am for electrical automobiles. I’ve to be as a result of, you already know, Elon endorsed me very strongly,” Trump advised the group.
“So, I’ve no alternative,” he added.
Tesla was down 17.39% year-to-date on the time of writing.
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