Trump promotes Tesla after stock drops sharply

thedailybeast.com

Donald Trump purchased a Tesla Model S on Tuesday to support the company after its stock fell sharply. Critics accused him of using the White House for a promotional stunt, highlighting his close ties to CEO Elon Musk. Tesla's stock dropped from $262 to $215 before recovering slightly to $230 after Trump's announcement. Musk's net worth decreased by $29 billion amid the stock's volatility, but he remains the world's richest person. Trump stated he would pay for the car by check and mentioned he would leave it at the White House for staff use. He joked about not being able to drive it and made light of President Biden's vehicle handling.


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