Trump shifts stance, supports Tesla amid financial challenges
Donald Trump recently held an event outside the White House to support Tesla and its CEO, Elon Musk. This marks a shift in Trump's stance on electric vehicles, as he previously criticized President Biden's push for EVs in 2023. Trump's support for Tesla contrasts with his earlier comments against electric cars. He had previously accused Biden of harming the auto industry and expressed mixed feelings about EVs over the years. The Trump administration has also rolled back Biden-era EV regulations, including emissions targets. Tesla is currently facing financial challenges, raising concerns among investors about the company's future.