Friends assist one another out. Tesla’s boss, Elon Musk, might nicely have been grateful when Donald Trump stated he would purchase certainly one of its electrical autos (EVs) on March eleventh. But that was the least the president might do for his bureaucracy-basher-in-chief. The day earlier than Mr Trump had helped convey on a fall of over 15% in Tesla’s share value, amid a wider sell-off sparked by his commerce insurance policies and his warning that America’s economic system confronted a “interval of transition”. The following Trumpian endorsement is not going to be sufficient to use the brakes to Tesla’s declining gross sales and slumping share value.
