Is billionaire entrepreneur Elon Musk, the face of President Donald Trump’s effort to slash federal spending, really in line to receive a $400 million purchase order of armored Tesla vehicles from the State Department?

Key Takeaways Tesla shares rose Thursday following reports that the State Department could buy $400 million worth of armored Tesla EVs.The department's procurement forecast for 2025 added "Armored Tesla" in December,

The State Department had been in talks with Elon Musk's Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase.

A post shared on X claims the State Department would buy $400 million worth of Tesla trucks. Verdict: Misleading The State Department, under the Biden administration, said it sought to buy $400 billion in Tesla trucks in a December 2024 procurement list.

In December, the Biden administration requested the State Department to gauge interest from private companies in producing armored electric vehicles.

The State Department had plans to buy $400 million worth of armored Tesla vehicles later this year but seems to have backed out of this idea due to recent events. Likely choosing to avoid any criticism from the public due to assumed conflicts of interest.

Tesla is likely to receive a lucrative contract to supply armored versions of its Cybertruck pickup to the State Department, according to public documents.

The State Department's procurement forecast for 2025 included a $400 million contract for "Armored Tesla (Production Units)."

After initial reports, the State Department said it had put plans to buy armored electric vehicles that could have benefited Elon Musk on hold. The State Department said it could spend $400 million to buy Tesla Cybertrucks and cover them in armor this year,

The department said via email that it has not awarded Tesla — or any manufacturer — a contract to produce armored electric vehicles.

The department said via email that it has not awarded Tesla — or any manufacturer — a contract to produce armored electric vehicles.

It has since stated it would not pursue the order. Fact Check: Social media users are claiming that the State Department is planning to buy $400 million Tesla trucks. One user wrote, “The United States State Department is now planning to spend $400 ...