financetom
Business
financetom
/
Business
/
Anti-Musk protesters gather outside Tesla dealership in Washington
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Anti-Musk protesters gather outside Tesla dealership in Washington
Mar 22, 2025 2:24 PM

WASHINGTON, March 22 (Reuters) - Roughly 100 people

waved signs and danced in protest outside a Tesla dealership in

Washington on Saturday, angry at the electric vehicle maker's

billionaire CEO Elon Musk, who has led efforts to sharply cut

the federal workforce.

Cars driving past the demonstration honked at the protesters

whose signs featured photos of Musk, the world's richest man.

President Donald Trump appointed Musk to lead efforts to

downsize the federal government, which has thousands of workers

in the nation's capital.

Trump tapped Musk to lead a task force dubbed the

Department of Government Efficiency, which so far has overseen

cuts of more than 100,000 jobs across a federal civilian

workforce of more than 2 million people. DOGE has also pushed

for the freezing of foreign aid and the canceling of thousands

of programs and contracts.

"We are coming out with joy and showing other people that

they're not alone," said Melissa Knutson, one of the protesters

outside the dealership in Washington.

Protesters also turned out at other U.S. cities,

including Los Angeles, as well as abroad, such as in Toronto

where some Canadians have vowed not to purchase U.S. products

following the Trump administration's hiking of tariffs on

Canadian goods.

In the weeks leading up to the protests, motorists have

traded in a record number of Tesla electric vehicles

this month, Edmunds data showed.

Tesla stock has nearly halved from its January peak. The

shares skyrocketed after Trump's election in November on hopes

it would be easier for Tesla to roll out robotaxis under the new

administration.

The Trump administration said this week that arsonists have

targeted several Tesla dealerships and charging stations. No

violence was reported at Saturday's protest in Washington.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Airship AI Prices $8 Million Offering
Airship AI Prices $8 Million Offering
Aug 31, 2024
04:13 AM EDT, 08/30/2024 (MT Newswires) -- Airship AI Holdings ( AISP ) said it priced an offering of about 2.9 million shares and warrants to purchase up to about 2.9 million shares, at a combined price of $2.775 per share and associated common warrant, for gross proceeds of about $8 million. The company said late Thursday that the offering...
US regulator finds banks have work to do on climate risk, sources say
US regulator finds banks have work to do on climate risk, sources say
Aug 31, 2024
NEW YORK (Reuters) - A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to their businesses, and that significant work is needed in some areas, three people familiar with the matter said. The Office of the Comptroller of the Currency conducted a review last year...
Dell Technologies Raises Fiscal 2025 Outlook; Shares Rise Premarket
Dell Technologies Raises Fiscal 2025 Outlook; Shares Rise Premarket
Aug 31, 2024
06:12 AM EDT, 08/30/2024 (MT Newswires) -- Dell Technologies ( DELL ) raised its fiscal 2025 guidance after it released fiscal Q2 results that topped Street expectations. Dell Chief Financial Officer Yvonne McGill said during the company's Thursday earnings call that fiscal 2025 non-GAAP EPS is now expected to be $7.80, plus or minus $0.25, while revenue is projected at...
Domo Finance Chief David Jolley to Step Down; Successor Named
Domo Finance Chief David Jolley to Step Down; Successor Named
Aug 31, 2024
05:49 AM EDT, 08/30/2024 (MT Newswires) -- Domo ( DOMO ) said Thursday that David Jolley will step down as chief financial officer by the end of Q3 due to personal health reasons. Tod Crane, the company's senior vice president of finance, will be promoted to finance chief. Crane has been with the company since 2015. Jolley will continue to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved