Thursday, May 8, 2025

Creating liberating content

The Cavalier King Charles Spaniel is a small, affectionate breed

Piyush Goyal (File photo) NEW DELHI: The trade deal with

MUMBAI: Reliance Industries withdrew its application to trademark “Operation Sindoor”

BENGALURU: Netherlands-based global tech investor Prosus invested over $8.6 billion

Related News

The Cavalier King Charles Spaniel is a small, affectionate breed perfect apt for beginners. These dogs are friendly, adaptable, and low-maintenance in both temperament and size. They thrive on companionship

Piyush Goyal (File photo) NEW DELHI: The trade deal with the UK will not just boost bilateral trade but also help create a large number of jobs, commerce and industry

MUMBAI: Reliance Industries withdrew its application to trademark “Operation Sindoor” – the codename for India’s military strikes on terrorist infrastructure in Pakistan – on Thursday after facing social media outrage.On

BENGALURU: Netherlands-based global tech investor Prosus invested over $8.6 billion in India, making it one of its strategic markets, CEO Fabricio Bloisi said in a letter to shareholders on Thursday.The

BENGALURU: Ajoy Chawla will take charge as Titan’s new managing director, effective Jan 1 next year. The current MD, CK Venkataraman’s term, will conclude on Dec 31 this year, adhering

Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global

Trending News

Piyush Goyal (File photo) NEW DELHI: The trade deal with the UK will not just boost bilateral trade but also help create a large number of jobs, commerce and industry

BENGALURU: Netherlands-based global tech investor Prosus invested over $8.6 billion in India, making it one of its strategic markets, CEO Fabricio Bloisi said in a letter to shareholders on Thursday.The

Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global

MUMBAI: News of India’s retaliatory strikeS on select Pakistani military assets in the intervening night of Wednesday and Thursday left investors jittery during the fag end of Thursday’s session.As a

MUMBAI: One97 Communications (Paytm), its chairman & MD Vijay Shekhar Sharma, and his brother Ajay settled a case with markets regulator Sebi for wrongful allotment of esops (employee stock ownership

MUMBAI: Urban consumption, which has been under pressure on the back of high inflation that pushed consumers to cut back on spending, “decelerated” further in the March quarter, weighing on

Donald Trump Buys Tesla, Elon Musk Helps Him Pick

Word Count: 429 | Estimated Reading Time: 3 minutes




Washington, United States:

US President Donald Trump bought a shiny red Tesla with the company’s CEO Elon Musk by his side, who helped the Republican leader pick the car on the White House driveway on Tuesday. The car was bought in a show of support for Musk’s electric vehicle company, which is facing a blowback because of the Tesla CEO’s work to advance the President’s political agenda.

“Wow, that’s beautiful,” Trump said as he eased his way into the driver’s seat of a Model X.

Musk, who got in on the passenger seat, joked about “giving the Secret Service a heart attack” as they talked about how to start a vehicle that can reach 95 kilometres per hour in a few seconds. However, Trump did not test drive the car since he is not permitted to drive, but said that he will leave it at the White House so his staff can drive it.

According to the US President, he bought the car – worth around $80,000 – at the full price, without any discount.

“Musk would give me a discount, but if I do a discount, they’re gonna say, Oh, I got benefits,” he said.

“When I saw what was happening, I said that I want to buy a Tesla, and we just went to the front. He (Elon Musk) had four beautiful cars there, and I bought one in front of the press. It was a very public purchase, and they’re beautiful and do a great job,” he said.

Calling Musk a “patriot”, Trump said, “He’s done a great job…It’s not that he’s a Republican… Sometimes, I’m not even sure what he is in terms of his philosophy, but he’s a great guy.”

The Tesla shares have been witnessing a sharp slump since Musk’s role in the Trump administration’s Department of Government Efficiency (DOGE). Recently, anti-DOGE protesters gathered outside Tesla stores across the US to protest the automaker’s billionaire CEO and his push to slash government spending on behalf of the President, with many holding banners that read “Elon must go away” and “honk if Elon Musk should be fired”. A few protests even turned violent.

In the last month, the shares have dropped by over 30 per cent. While on Monday, the shares dropped by 15 per cent, it went up a day later nearly 5 per cent – making back a small fraction of what it lost amid an extended sell-off since January.






Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account