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,

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.

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

America PAC has now moved on to influencing the Wisconsin Supreme Court race, with Musk’s group dropping over $8 million to support a conservative judge in an election next month, according to the Associated Press. Donald Trump Jr. and Charlie Kirk are even swooping in to hold a town hall for the conservative judge on Monday.

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.

While Trump’s support for “great patriot” Musk this week bumped up Tesla’s share price, the benefits may not be felt long term.