President Donald Trump has said he likes Tesla Inc. (NASDAQ:TSLA) as tensions ease with CEO Elon Musk following Musk expressing regret over his comments on the President.
What Happened: “You can get any car you want. You can get electric, a lot of people love the electric,” Trump said during a press event at the White House on Thursday.
“They like Tesla. So do I, in all fairness. I like Tesla,” Trump said before adding that he liked combustion engines too.
Why It Matters: The news comes in as Trump recently hinted at a possible reconciliation between him and Musk. “Look, I have no hard feelings. I was really surprised that that happened. He went after a bill that’s phenomenal. …He just — I think he feels very badly that he said that, actually,” Trump said.
The president also recently shared that he would not get rid of the Tesla Model S he had bought, nor would he stop using the Starlink satellite internet service at the White House.
However, it’s worth noting that Trump’s comments also came in when he signed a resolution that bars California’s EV mandate on Thursday, which aimed to phase out ICE-powered vehicles by 2035, in favor of EVs and hybrids.
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