Trump buys Tesla to support Elon Musk's company
President Donald Trump has purchased a red Tesla Model S to show support for Elon Musk amid challenges facing the electric vehicle company. The car, valued at around $80,000, will remain at the White House for staff use. Trump's announcement follows a significant drop in Tesla's stock price since he took office. The purchase is seen as a demonstration of loyalty to Musk, who has been a key figure in Trump's administration. Musk, who also leads SpaceX and the social media platform X, faces various challenges, including a recent cyberattack on X and issues with Tesla's sales. The White House has defended Musk amid criticism and protests against Tesla.