Clearly impressed as he stepped into the EV, President Trump gave a singular review of the Model S Plaid: “Wow, that's beautiful ... Everything's computer! ” It certainly is, Mr. President. A Model S has approximately 10 teraflops of computing power, comparable to a PlayStation 5 or Xbox Series X.

In case you didn't know, Donald Trump pretty much held a car show at the White House on Tuesday. Media event with people observing futuristic cars outside a building. Photographers and reporters are capturing the scene Tesla hasn't been doing so hot recently,

Trump's strong backing of his ally's company has eased some of Tesla's stock struggles - but also sparked major ethical concerns.

This suggests that the reaction of consumers to Mr Musk’s antics are only one reason for falling sales. An updated Model Y, Tesla’s best-selling vehicle, has just gone on sale. In preparation Tesla ran down inventory of the old model, crimping supply. Customers have doubtless held off purchases until the new car is available.

Tesla shares dropped more than 15% on Monday, making it the worst performer in the S&P 500 Index. Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced.