President makes statement in support of Musk’s ‘baby’ as company shares fall hard and owners sell vehicles

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Donald Trump has signaled he intends to buy a “brand new Tesla” and blamed “Radical Left Lunatics” for “illegally” boycotting Elon Musk’s electric vehicle company a day after Tesla suffered its worst share price fall in nearly five years.

Tesla’s share fell hard on Monday as markets reacted to the threat of a recession and Trump’s tariff plans. Tesla’s slide came amid widespread protests over the billionaire Musk’s influence in the federal government at Tesla dealerships, a boycott campaign, car owners selling their Tesla vehicles, and activists pushing members of the public to sell Tesla shares.