Trump plans to buy a Tesla, supporting Musk
President Donald Trump announced he plans to buy a Tesla, showing support for Elon Musk amid a significant drop in Tesla's stock. Shares fell 45% in 2025, with a 15% decline on Monday, reflecting concerns over competition and Musk's political ties. Tesla has faced protests and vandalism, with some owners adding bumper stickers to distance themselves from Musk's political views. Sales have dropped sharply in key markets, including California and Europe, as analysts predict further declines in deliveries. Musk's support for Trump and far-right politics has reportedly affected Tesla's appeal among its typically progressive customer base. Meanwhile, Musk's other ventures, including X and SpaceX, have also encountered challenges recently.