Trump buys a tesla and defends Musk of criticism for cuts in Doge

The president of the United States, Donald Trump, said he would buy a Tesla to have it at the White House for the use of his staff, in a support signal to Elon Musk, after the actions of the electric car manufacturer had their worst day in four years in the middle of a growing reaction by the Musk political loyalties.

At the entrance of the South Garden of the White House, five of the Tesla vehicles, which cover the range of models currently available were presented to Donald Trump. Finally, it was decided by a Red model s.

Trump said he wanted to pay the full price of the car and praised Musk as a «patriot» who was being unjustly defamed for his drastic effort to Reduce government expenditure.

«Our country is going to be very strong, very quiet, due to many of the things it has done,» Trump said, and gave Musk credit for «finding billions and thousands of millions and billions of dollars of fraud and waste”

Why did Donald Trump buy a Tesla car from Elon Musk?

Trump announced his intention to buy a car, after Tesla’s shares fell 15 percent on Monday after analysts such as Joseph Spak, by UBS Group AG, cut the delivery projections.

Wall Street had already begun to reduce its price objectives for shares and to reduce profit estimates. The shares bounced 5 percent on Tuesday.

Trump dismissed the questions about whether it was appropriate to promote the vehicles produced by a company controlled by Musk, who spent more than 250 million dollars to help choose Trump and other Republicans and now is the face of the president’s efforts to reduce the size of the US government.

«He has never asked me anything And this great company has built, so it should not be penalized because it is a patriot, ”said Trump.