Trump buys Tesla, defends Elon Musk at CEO meeting

deadline.com

President Donald Trump recently purchased a Tesla Model S, showing support for CEO Elon Musk. Trump praised Musk's efforts in reducing federal jobs and emphasized the importance of his work for the government during a meeting with business leaders. Trump also addressed concerns about tariffs, stating they would encourage manufacturing to return to the U.S. He claimed that tariffs have positively impacted investments from companies like Honda and Apple, despite potential short-term price increases for consumers. The President acknowledged the economic challenges caused by Musk's layoffs in federal agencies, which have led to reinstatements of some workers. He noted that uncertainty around tariffs has affected stock markets and consumer sentiment.


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