As Tesla navigates a chaotic phase marked by **declining stock values**, **owners selling off their cars**, and **increasing protests against the corporation**, the electric vehicle manufacturer and its **contentious CEO, Elon Musk**, are under significant examination. On Tuesday, *The Late Show* host **Stephen Colbert** commented on the unfolding events during his monologue.

“This decline didn’t just begin yesterday,” Colbert pointed out. “**Tesla’s shares have fallen by 50 percent since December**,” he observed, humorously attributing the drop to what economists term, “**Everyone Freaking Dislikes This Guy.**”

Compounding the scenario, **Donald Trump** took to his **Truth Social** platform on Monday to support Musk and Tesla, asserting that the firm was facing an “illegal and collusive boycott.”

Colbert quickly ridiculed the comment. “How can you illegally boycott something?” he joked. “Purchasing items is voluntary. That’s why when you enter a West Elm, they don’t shut the door and say, ‘You want to leave? Then buy a massive candle with three wicks in it.’”

The situation intensified on Tuesday when **Trump and Musk promoted a Tesla advertisement at the White House**, where the president **acquired a $90,000 Tesla Model S Plaid**. Trump seemed enthralled by the car, exclaiming that “everything is computer.”

Colbert couldn’t help but tease the incident. “Naturally, all of this was to boost Elon’s dwindling brand, and Trump *nearly* got the name correct,” he remarked, before sharing a clip of the president clumsily stating, “I love Tesl**err**.”