Trump announces Tesla purchase, supports Musk during downturn
On March 11, President Donald Trump announced plans to buy a red Tesla, expressing support for CEO Elon Musk. A video shows Trump impressed by the car's technology, stating it is unique. Trump's purchase comes as Tesla faces declining sales and stock prices. This downturn follows protests against Musk's job cuts through the Department of Government Efficiency. Trump's endorsement marks a notable presidential support for Musk amid these challenges. The situation highlights the connection between the two figures during a period of corporate difficulties for Tesla.