Former US President Donald Trump has publicly praised Elon Musk after the Tesla CEO rang the bell at the New York Stock Exchange (NYSE) to celebrate a major milestone. The event marked a significant achievement for Musk’s company, and Trump took to social media to congratulate him.
On Tuesday, Elon Musk rang the bell at the NYSE to mark the inclusion of Tesla in the S&P 500 index, a prestigious group of the 500 largest publicly traded companies in the US. The event was seen as a major achievement for Tesla, which has experienced rapid growth in recent years.
Following the event, Trump took to Twitter to praise Musk, saying “Congratulations to Elon Musk and @Tesla on their big day at the NYSE. A great achievement!” The tweet was met with a mixed reaction from Trump’s followers, with some praising the former President for his support of American businesses, while others criticized him for his apparent bias towards Musk.
Musk has been a vocal supporter of Trump in the past, and the two have been known to exchange praise on social media. However, their relationship has not been without controversy, with some critics accusing Musk of being too close to the former President and using his influence to further his own business interests.
Despite this, Musk has remained a vocal advocate for Trump’s policies, particularly when it comes to business and trade. In 2020, Musk even went so far as to thank Trump for his support of the US auto industry, saying “Thank you to @realDonaldTrump for the strong economy!”
The NYSE bell-ringing ceremony was attended by Musk and other Tesla executives, as well as a number of high-profile investors and business leaders. The event was seen as a major milestone for Tesla, which has experienced rapid growth in recent years and is now one of the most valuable companies in the world.
Tesla’s inclusion in the S&P 500 index is seen as a major achievement for the company, and is likely to lead to increased investment and scrutiny from investors and analysts. The company’s stock price has risen significantly in recent months, and many observers believe that it could continue to grow in the coming years.
In addition to his praise for Musk, Trump also took the opportunity to criticize the NYSE, saying “The @NYSE is a great institution, but it’s been very unfair to companies like @Tesla. Glad to see them finally getting the recognition they deserve.”
The comment was met with some criticism from financial analysts, who pointed out that the NYSE is an independent institution that operates according to strict rules and regulations. However, Trump’s supporters hailed the comment as a sign of his commitment to supporting American businesses and promoting economic growth.
Overall, the NYSE bell-ringing ceremony was a significant event for Tesla and Elon Musk, and marked a major milestone in the company’s history. Trump’s praise for Musk was seen as a sign of his support for American businesses and his commitment to promoting economic growth.
