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President Trump Purchases Tesla Model S to Back Elon Musk

The president showcased his support for Musk and Tesla during a White House event, amid challenges faced by the company and its CEO.

WASHINGTON, DC - MARCH 11: X Æ A-Xii, the son of White House Senior Advisor, Tesla and SpaceX CEO Elon Musk, plays with a toy car as Musk and U.S. President Donald Trump speak alongside a Tesla Model Y and a Cyber Truck on the South Lawn of the White House on March 11, 2025 in Washington, DC. Trump spoke out against calls for a boycott of Elon Musk’s companies and said he would purchase a Tesla vehicle in what he calls a ‘show of confidence and support’ for Elon Musk. (Photo by Andrew Harnik/Getty Images)
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Overview

  • President Donald Trump purchased a red Tesla Model S Plaid during a public event at the White House, emphasizing his admiration for the company's products and CEO Elon Musk.
  • Trump's purchase followed a sharp decline in Tesla's stock price, with the president expressing his intent to boost confidence in the company.
  • Elon Musk, who attended the event, revealed plans to double Tesla's U.S. production within two years and teased upcoming models, including a lower-cost vehicle and a robotaxi concept.
  • The event highlighted Tesla's recent struggles, including falling sales, stock price challenges, and acts of vandalism targeting the company’s facilities and vehicles.
  • Trump praised Musk's efforts to streamline government operations through his advisory role in the Department of Government Efficiency, while defending Musk against criticism from political opponents.