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The Guardian - US
The Guardian - US
World
Ed Pilkington

‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second term

a man in a suit speaks into a microphone
Donald Trump speaks at a Bitcoin 2024 event in Nashville, Tennessee. Photograph: Kevin Wurm/Reuters

The South Lawn of the White House had never seen anything like it. The president of the United States was posing for the world’s media against a backdrop of five different models of Tesla, peddling the electric vehicles with the alacrity of a salesman on commission.

“I love the product, it’s beautiful,” Donald Trump said as he sank into the driver’s seat of a scarlet Model Y. With the Tesla CEO, Elon Musk, beside him, he went on to enlighten the American people that some Tesla models retail for as little as $299 a month, “which is pretty low”.

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