Elon Musk Says Tesla Will Double US Production in 2 Years After Trump Backs EV Giant Amid Stock Slump

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Elon Musk has announced that Tesla Inc. (NASDAQ:TSLA) will double vehicle production in the U.S. within two years.

What Happened: Musk, in a post on X said that Tesla commits to doubling vehicle production “in support of the policies of President Donald Trump” and to “demonstrate our confidence in the future of the United States.”

This comes soon after Trump transformed the White House into a Tesla showroom, showcasing Tesla vehicles in a show of support for Musk and his company. This was followed by Trump’s purchase of a Tesla Model S Plaid.

In support of the policies of President @realDonaldTrump and to demonstrate our confidence in the future of the United States, @Tesla commits to doubling vehicle production in the …

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