Elon Musk's Father Defends Tesla, Says Son Is 'Doing The Right Thing' And The Stock Would Recover To $600 By 2025 End: Here's What Analysts Think About TSLA

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Elon Musk's Father Defends Tesla, Says Son Is 'Doing The Right Thing' And The Stock Would Recover To $600 By 2025 End: Here's What Analysts Think About TSLA - Benzinga

Quick Summary:

Errol Musk, while speaking to Darren McCaffrey on Sky News on Monday, dismissed the protesters as “bums” attempting to harm Tesla by damaging cars, calling it “plain silly.” He attributed the anger towards Elon Musk to “media hype” and brushed off concerns among Tesla investors about the company’s challenges amidst the protests.See ...

In the face of escalating protests and boycotts, Errol Musk, father of Elon Musk, has come forward to defend his son’s cost-cutting initiatives for the U.S.government and his EV company Tesla Inc. (NASDAQ:TSLA).

What Happened: Errol has responded to the growing backlash from U.S.taxpayers and Tesla customers against Elon Musk’s role in the Department of Government Efficiency (DOGE), a body established by the Trump administration.