President Donald Trump surprised everyone on Tuesday by shopping for a new Tesla on the White House driveway. Trump selected a shiny red sedan to show his support for Elon Musk’s electric vehicle company. Musk and Trump joked about starting the vehicle, which can reach speeds of 60 miles per hour in seconds. Trump stated that he would write a check for the car, which retails for about $80,000, and leave it at the White House for his staff to drive.
The President’s purchase of a Tesla is a show of confidence and support for Elon Musk, who has been a key figure in his administration. Trump has publicly praised Musk for his work and expressed his desire to celebrate him. Musk, the world’s richest person, has faced other challenges recently, including a cyberattack on his social media platform X and problems with his Starship rocket. Despite these challenges, Tesla’s stock price increased nearly 4% following Trump’s announcement to purchase a new Tesla.
This move by Trump is seen as a way to blur lines between private and public interests. Trump’s wealth and business savvy have always been core to his political appeal. However, it is rare to see Trump use his own money to support an ally. Despite the practicality of Trump purchasing a Tesla or blurring private and public interests, the move has shown his unwavering support for Musk and his companies.
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