After one of the worst single day sell-offs in Tesla’s history, President Donald Trump is throwing his support behind his advisor, billionaire Elon Musk, vowing to buy one of his cars

Musk pumped $270 million into Trump’s campaign heading into the 2024 election, appeared on stage with him and cheered Trump’s victory over Democratic candidate Kamala Harris in November. Tesla shares soared to $479 per share by mid-December, but are now trading around $230 per share. That drop could hurt the company in the coming year in two ways.

Of course, Trump was once a sharp critic of Musk, too, which is especially notable given how tight the pair are now. A look at some of Trump's comments on EVs — and Musk: Trump marked Christmas 2023 with a social media post lumping “All Electric Car Lunacy” in with a number of political enemies that he said “are looking to destroy our once great USA.