Following the historic drop in Tesla’s stock value, owned by Elon Musk, US President Donald Trump announced his intention to purchase a new Tesla in support of Musk. Earlier, Musk admitted in an interview that he was facing “significant difficulties” in managing his businesses.
Tesla, the electric vehicle manufacturer, experienced its worst stock decline in over five years on Monday, March 10, 2025. The market value of this electric car company has decreased by more than 50%, resulting in approximately $800 billion in losses.
In response to this event, Trump wrote on his social media platform: “Elon Musk is risking everything to help our country, and I will purchase a Tesla to support him.”
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