US President Donald Trump on Thursday supported the company on social media amidst the fall in share prices of Allen Musk’s car manufacturer Tesla.
The US President’s move is shocking in view of a public dispute between Trump and Musk a few days ago. Trump wrote on ‘Truth Social’, I want Alan and all the businesses of our country to flourish.
However, despite this post, Tesla’s shares did not stop the decline, as the company introduced disappointing financial results in another quarter and Musk warned of some potentially difficult quarters next year.
Trump wrote in the post, everyone is saying that if I do not all get Allen’s companies from the US government, then I will ruin some large -scale subsidies and ruin it. It is not. “The US President wrote, the better the companies do, the better America will do, and it will be in the interest of all of us.