The president is helping Elon Musk during his financial loss
President Donald Trump has announced that he is buying a ‘brand new Tesla’ to support his ‘first buddy’ during a financial loss.
Elon Musk has taken a hit to his net worth as Tesla stocks continue to plummet.
The billionaire has taken center stage of the Trump administration in recent weeks after taking on the role of head of the Department of Government Efficiency (DOGE).

Trump is helping Musk by buying a Tesla (Andrew Harnik/Getty Images)
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While not technically a government department, DOGE is purported to act as an outside advisor to the president on federal spending.
However, controversy surrounding Musk’s new role in government has led to protests and boycotts of the Tesla brand.

Now, Trump has revealed that he is personally supporting Musk by purchasing a Tesla.