Tesla’s stock surges after Cybertrucks make Trump’s motorcade escort in Doha

Tesla stock is up about 3% after two Tesla Cybertruck police vehicles accompanied US President Donald Trump’s motorcade during his visit to Doha, Qatar’s capital, today. The two Tesla Cybertrucks stood out in the parade because of their large size and famous light bar. This has again shown Trump’s support for Tesla. Previously, Trump called upon the world to support Tesla after being victimized by US citizens over DOGE. Cybertrucks escorting @POTUS ! https://t.co/90WWSshQjl — gorklon rust (@elonmusk) May 14, 2025 Now, Doha is showing its support for Tesla. This is not a surprise. Qatar does have a soft spot for the Cybertruck, even before Trump’s visit. Social media posts from the country suggested that two Cybertrucks are being used as part of the Internal Security Force’s patrol fleet. The futuristic all-electric pickup trucks have also been spotted in several other areas of the country. Experts expect a drop in Tesla deliveries Tesla stocks are trading at $345, concluding a five-day run and a strong 60% recovery from April’s low of $214.25. Other factors have also pushed this rise. Firstly, Musk pulled away from DOGE to focus on his company. Investors received the news with so much optimism. In addition, a new hope about trade issues between the US and China has contributed. As reported by Cryptopolitan, as part of a short-term truce, the two countries agreed to lower their tariffs. Washington will lower them from 145% to 30%, and Beijing will lower them from 125% to 10%. This news was good for Tesla because its Shanghai Gigafactory is a big part of making money and making cars worldwide. Week-to-week, Tesla’s sales in China dropped 58% on May 11. Year-over-year, they dropped a whopping 69%. The numbers make investors worry about Tesla’s ability to compete in China’s very tough EV market, where local rivals keep pricing their products so low that they cut into Tesla’s profits. However, analysts expect a 2.6% drop in worldwide deliveries for 2025, with Q2 estimates lowered to 375,000 units. This shows that Tesla is facing more challenges, even though its stock price has recently gone up. Tesla Is Considering a huge pay raise from Tesla. According to reports, Tesla’s board has put together a special committee of just two people to look at CEO Elon Musk’s pay and possibly give him a whole new pay package in the form of stock options. Robyn Denholm, the chair of Tesla, and Kathleen Wilson-Thompson are the two committee members. Its existence was revealed in a filing last month with only one line. This led big investors to contact the board to weigh out on how they felt about Musk. The committee will also think about how to pay Musk for work done in the past if Tesla can’t go through with his outrageous 2018 pay package. It was blocked by a Delaware judge last year and is now being appealed in the state’s Supreme Court. That package is worth over $98 billion in today’s stock options. Investors fear their supreme boss will quit if he doesn’t get all the promised money. According to them, Musk is the richest person in the world, and Tesla shouldn’t be worried about giving him billions of dollars right now because he’s a big reason why the car company is in trouble. The company’s revenues took a nosedive for the first time last year, and things didn’t look good for the first quarter of this year, with sales down 13%. This has the potential to end Tesla’s bull run prematurely. Your crypto news deserves attention – KEY Difference Wire puts you on 250+ top sites Source: https://www.cryptopolitan.com/teslas-cybertrucks-trumps-motorcade-in-doha/