According to foreign media reports, US President Trump bought a red Tesla Model S as a show of support for Musk's electric vehicle enterprise. Nonetheless, Tesla is presently navigating turbulent waters, confronted with a double whammy of declining sales and stock prices. Data reveals that Tesla's stock price has plummeted by almost a third since Trump assumed office. Furthermore, in January 2025, Tesla's sales in China experienced an 11.5% year-on-year drop, mirroring similar declines observed in the European and American markets.
