Trump Showcases Tesla Cybertruck at White House, Plans to Buy Model S Amid Stock Decline

President Donald Trump turned the South Lawn of the White House into a temporary Tesla showroom on Tuesday, showcasing his support for Elon Musk amid Tesla's declining stock prices. Trump inspected a variety of Tesla vehicles, including a Cybertruck, Model Y, and Model S Plaid, and announced his intention to purchase a red Tesla Model S, which he plans to keep at the White House for his staff to use. Musk's son, X, accompanied him during the event. The event was a public endorsement of Musk, who has faced criticism and protests due to his role in the Trump administration's Department of Government Efficiency (DOGE). Musk's involvement in slashing federal jobs and his political activities have contributed to Tesla's recent financial struggles, with the company's shares falling significantly since Trump's election. Musk, who donated $200 million to Trump's campaign, has seen his net worth decrease by $148 billion since Inauguration Day. Trump's decision to buy a Tesla was framed as a show of confidence in Musk, whom he described as a patriot. The president also condemned the vandalism and protests against Tesla, warning that such actions would face severe repercussions. Musk, in response, announced plans to double Tesla's vehicle production in the U.S. over the next two years. Trump made his announcement on his Truth Social platform, and Tesla vehicles can be purchased for as low as $299 per month. Following the event, Tesla's stock saw a slight rebound.