{"id":155258,"date":"2025-03-11T22:11:54","date_gmt":"2025-03-11T22:11:54","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/03\/11\/even-donald-trumps-little-tesla-parade-at-the-white-house-didnt-help-elon-musks-net-worth\/"},"modified":"2025-03-11T22:11:54","modified_gmt":"2025-03-11T22:11:54","slug":"even-donald-trumps-little-tesla-parade-at-the-white-house-didnt-help-elon-musks-net-worth","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/03\/11\/even-donald-trumps-little-tesla-parade-at-the-white-house-didnt-help-elon-musks-net-worth\/","title":{"rendered":"Even Donald Trump&#8217;s Little Tesla Parade at the White House Didn&#8217;t Help Elon Musk&#8217;s Net Worth"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"paywall\">\u201cHe is going to be viewing a Tesla that is making its way to the White House complex now, I can confirm,\u201d she said. \u201cPerhaps the press pool today will have an opportunity to witness this very exciting moment later this afternoon, but a Tesla is on its way here now and we\u2019ll see if the president likes it when he checks it out.\u201d<\/p>\n<p class=\"paywall\">Shortly afterward, a fleet of Teslas appeared, magicked by electricity to the White House, for the car salesmen\u2014President Trump and Musk\u2014to do a photo op. \u201cI&#8217;m gonna buy a car,&#8221; Trump told surrounding press, adding that <a data-offer-url=\"https:\/\/x.com\/alx\/status\/1899553529787736262\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/x.com\/alx\/status\/1899553529787736262&quot;}\" href=\"https:\/\/x.com\/alx\/status\/1899553529787736262\" rel=\"nofollow noopener\" target=\"_blank\">Margo Martin on his White House communications staff<\/a> could drive it. Reason? In part because, even though Trump has trashed electric vehicles at numerous points, Teslas are suddenly \u201cgood.&#8221; And also because Musk \u201chas been treated very unfairly by a small group of people.\u201d<\/p>\n<p class=\"paywall\">Just for fun, since Musk does love his napkin math, let\u2019s examine Trump&#8217;s alleged purchase of a MAGA-red Model S, which carries a base price of around $80,000.* After all, he\u2019s doing this to put a few bucks in his guy\u2019s pocket, right? $29 billion, the amount Musk\u2019s net worth dropped Monday, divided by $80,000 is\u2026 362,500. So Musk lost more than 360,000 base-model Model S Teslas worth of money yesterday.<\/p>\n<p class=\"paywall\">Perhaps the optics worked out for Musk? Perhaps <em>not<\/em>. Tesla stock opened Tuesday at $225 a share, <a data-offer-url=\"https:\/\/www.macrotrends.net\/stocks\/charts\/TSLA\/tesla\/stock-price-history\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.macrotrends.net\/stocks\/charts\/TSLA\/tesla\/stock-price-history&quot;}\" href=\"https:\/\/www.macrotrends.net\/stocks\/charts\/TSLA\/tesla\/stock-price-history\" rel=\"nofollow noopener\" target=\"_blank\">below its 52-week average<\/a>. And even though Trump put on his Tesla parade long before the markets closed, Tesla barely moved, inching up around $235 during the show, then <a data-offer-url=\"https:\/\/www.cnbc.com\/quotes\/TSLA\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.cnbc.com\/quotes\/TSLA&quot;}\" href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\" rel=\"nofollow noopener\" target=\"_blank\">closing the day at  $230\/share<\/a>\u2014far, far short of its <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/teslas-stock-defied-gravity-years-is-elon-musks-ev-party-over-2025-03-10\/#:~:text=The%20company&#039;s%20market%20capitalization%20has,of%20U.S.%20President%20Donald%20Trump.\" target=\"_blank\" rel=\"noopener\">$480 post-election high<\/a>. Maybe all of the Trump voters who aren&#8217;t currently worried about <a data-offer-url=\"https:\/\/www.thedailybeast.com\/fox-news-peter-doocy-calls-out-trump-as-retirement-accounts-throttled\/\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.thedailybeast.com\/fox-news-peter-doocy-calls-out-trump-as-retirement-accounts-throttled\/&quot;}\" href=\"https:\/\/www.thedailybeast.com\/fox-news-peter-doocy-calls-out-trump-as-retirement-accounts-throttled\/\" rel=\"nofollow noopener\" target=\"_blank\">their 401ks<\/a>, <a data-offer-url=\"https:\/\/www.barrons.com\/articles\/trump-home-housing-prices-real-estate-tariffs-fe89d86d\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.barrons.com\/articles\/trump-home-housing-prices-real-estate-tariffs-fe89d86d&quot;}\" href=\"https:\/\/www.barrons.com\/articles\/trump-home-housing-prices-real-estate-tariffs-fe89d86d\" rel=\"nofollow noopener\" target=\"_blank\">housing prices<\/a>, <a data-offer-url=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-11\/trump-says-he-doesn-t-see-us-recession-downplays-market-turmoil\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.bloomberg.com\/news\/articles\/2025-03-11\/trump-says-he-doesn-t-see-us-recession-downplays-market-turmoil&quot;}\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-11\/trump-says-he-doesn-t-see-us-recession-downplays-market-turmoil\" rel=\"nofollow noopener\" target=\"_blank\">a recession<\/a>, or the price of <a data-offer-url=\"https:\/\/www.nbcnews.com\/data-graphics\/grocery-price-tracker-inflation-trends-eggs-bread-trump-administration-rcna191508\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.nbcnews.com\/data-graphics\/grocery-price-tracker-inflation-trends-eggs-bread-trump-administration-rcna191508&quot;}\" href=\"https:\/\/www.nbcnews.com\/data-graphics\/grocery-price-tracker-inflation-trends-eggs-bread-trump-administration-rcna191508\" rel=\"nofollow noopener\" target=\"_blank\">groceries and eggs<\/a> will buy some Teslas, and help make it up to their very own government overlords.<\/p>\n<p class=\"paywall\">In an <a data-offer-url=\"https:\/\/www.foxbusiness.com\/media\/elon-musk-goes-behind-the-scenes-doge-unveils-biggest-source-fraud\" class=\"external-link\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.foxbusiness.com\/media\/elon-musk-goes-behind-the-scenes-doge-unveils-biggest-source-fraud&quot;}\" href=\"https:\/\/www.foxbusiness.com\/media\/elon-musk-goes-behind-the-scenes-doge-unveils-biggest-source-fraud\" rel=\"nofollow noopener\" target=\"_blank\">interview Monday on Fox Business<\/a>, Musk again appeared to be having some feelings about DOGE\u2019s impact on his other businesses, several of which have made headlines in the last week or so: SpaceX had the explosion\u2014ugh, there I go again, I mean <em>rapid unscheduled disassembly<\/em>, X had widespread downtime Monday due to what the company said was a targeted cyberattack, Teslas are being vandalized, and Neuralink executive <strong>Shivon Zilis<\/strong> announced that she and Musk have <a href=\"https:\/\/www.vanityfair.com\/style\/story\/elon-musk-14th-child\" target=\"_blank\" rel=\"noopener\">welcomed another human baby<\/a>.<\/p>\n<p class=\"paywall\">Asked how he\u2019s running his private businesses while working his unpaid gig in the government, Musk had a wry response: \u201cWith great difficulty.\u201d He chuckled and appended a sort of verbal shrug. \u201cYeah, I mean.\u201d<\/p>\n<p class=\"paywall\"><em>Yeah, I mean<\/em>, indeed.<\/p>\n<p class=\"paywall\">(*Asked whether Trump paid full price; whether he bought it personally or under the taxpayer-funded auspices of government; and indeed, whether he&#8217;d bought it, for <em>real<\/em>, at all, The White House told <em>Vanity Fair<\/em> to \u201cRefer to the President&#8217;s comments.\u201d)<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.vanityfair.com\/style\/story\/elon-musk-trump-car-stock\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cHe is going to be viewing a Tesla that is making its way to the White House complex now, I can confirm,\u201d she said. \u201cPerhaps the press pool today will have an opportunity to witness this very exciting moment later this afternoon, but a Tesla is on its way here now and we\u2019ll see if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":155259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54,104,3759,463,105,9613,1791],"class_list":{"0":"post-155258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-celebrity","8":"tag-donald-trump","9":"tag-elon-musk","10":"tag-tech","11":"tag-tesla","12":"tag-twitter","13":"tag-wall-street","14":"tag-white-house"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/155258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=155258"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/155258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/155259"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=155258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=155258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=155258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}