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Barchart
Wajeeh Khan

Donald Trump Is Buying a Tesla. Is That a Cue for Investors to Buy the TSLA Stock Dip?

Donald Trump Tesla Inc. Elon Musk Morgan Stanley Adam Jonas EV United States

Tesla (TSLA) shares are reclaiming some of their recent losses this morning after President Donald Trump said he’ll buy a brand-new Tesla vehicle as a show of support for his billionaire ally Elon Musk. 

Trump’s comment arrives in the wake of “Tesla Takedown” protests related to Musk’s role leading the Department of Government Efficiency, the president’s team in charge of trimming federal spending by up to $1 trillion. 

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