Trump pledges to buy Tesla, supporting Elon Musk
President Donald Trump visited the White House on Tuesday, where he announced plans to buy a Tesla to support CEO Elon Musk amid boycotts related to government spending cuts. This comes as Tesla's stock has dropped significantly. During the visit, Musk revealed that Tesla would double its vehicle output in the U.S. over the next two years. The announcement follows a 15% decline in Tesla's stock on Monday and ongoing vandalism targeting Tesla vehicles and charging stations. Trump expressed his support for Musk, calling him a patriot and criticizing those boycotting Tesla. He stated he would pay full market price for the vehicle and highlighted a potential $400 million contract for armored vehicles from Tesla that is currently on hold.