Trump's Tesla Troubles: From Support to Sale Amid Feud with Musk
Trump's Tesla Troubles: From Support to Sale Amid Feud with Musk

Just under three months ago, President Donald Trump
showcased his support for Elon Musk by purchasing a red
Tesla Model S during a public event at the White House.
However, following a dramatic fallout between the
two, Trump is now contemplating selling or giving away the
vehicle, which has a list price of about $80,000.
The feud escalated recently when Musk criticized Trump's
"big, beautiful" tax bill, prompting Trump to label Musk as
"crazy" and suggest cutting his government subsidies. This
public spat has had significant repercussions, causing
Tesla's stock to plummet by 14% in one day, erasing $138
billion from the company's valuation.
As the relationship between Trump and Musk deteriorates,
the resale value of used Teslas, including the Model S, has
been declining sharply. If Trump decides to sell, he may need
to act quickly to avoid further losses in value.
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