Trump Supports Musk with Tesla Purchase Amid Stock Drop

President Trump announced plans to buy a new Tesla to support Elon Musk after Tesla shares experienced a significant drop. This comes amid political controversies surrounding Musk's alignment with Republican efforts.


Trump Supports Musk with Tesla Purchase Amid Stock Drop

The President of the United States, Donald Trump, expressed his intention to buy a new Tesla in support of Elon Musk, although he did not specify which model he would acquire. Musk, known for his business acumen and active participation in American politics, has recently faced a series of controversies that have impacted Tesla.

Tesla's stock fell by 15 percent after delivery projections were reduced, prompting analysts to lower price targets and earnings estimates for the company. Despite this, the stock managed to recover slightly with a 3 percent increase in pre-market trading in New York.

Tesla's difficulties are not only limited to financial issues but are also affected by the controversies Musk has been involved in. His support for far-right parties in different countries has generated a negative reaction that has affected the company's electric vehicle sales, particularly in markets like Germany and China.

The impact of these events has directly affected Elon Musk, whose net worth has decreased by more than $130 billion so far this year. The drop in Tesla's stock has been the largest in a single day since September 2020, accumulating a loss of 45 percent in 2025. Despite the crisis, Musk continues to face challenges in his businesses while trying to manage the situation.

Amidst this context, Trump's statement about buying a new Tesla as a show of support for Elon Musk has generated various comments. Musk, regarded as the richest man in the world, responded cautiously to this gesture of backing, highlighting the complexity of the situation he is currently in.