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Trump says violence against Tesla is domestic terrorism

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U.S. President Donald Trump and Tesla CEO Elon Musk sit in a Tesla Model S, in front of the White House in Washington on March 11.  © Reuters

WASHINGTON (Reuters) -- Violence against Tesla dealerships will be labeled domestic terrorism and perpetrators will "go through hell," U.S. President Donald Trump said on Tuesday in a show of support for the electric carmaker's chief, his ally Elon Musk.

Shares of the automaker closed nearly 4% higher on Tuesday, rebounding from the biggest one-day fall in four-and-a half years the previous day, after the president appeared with Musk at the White House to select a new Tesla for his staff to use.

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