Tesla’s sales are in freefall, stock is crashing, and Musk’s Trump alliance is backfiring. Can Tesla survive, or is this the beginning of the end?

By reviewing the Teslas in public before cameras, Trump ensured that his purchase would get wide attention. Dan Scavino, a White House deputy chief of staff, livestreamed the event on X, the social media app owned by Musk. Trump said he would pay for the vehicle by check.

After a slight rebound earlier this week, Tesla's TSLA stock is back to falling, keeping with its recent performance. Even U.S. President Donald Trump's purchase of one hasn’t done much to spark real momentum for the electric vehicle (EV) leader.