Trump plans to buy a Tesla to support Musk

thedailybeast.com

President Trump announced plans to buy a Tesla to support Elon Musk amid a 15 percent drop in Tesla's stock. The decline follows protests against Musk's political actions and declining sales in key markets. In a Truth Social post, Trump claimed that Tesla's struggles are due to political enemies attempting to boycott the company. He expressed confidence in Musk and criticized the backlash against him. Musk's wealth has significantly decreased, with Tesla's stock halving since December. Other Musk ventures, including SpaceX and X, have also faced challenges recently.


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