US President Donald Trump expressed support for Tesla and other electric vehicle (EV) companies, stating that he likes Tesla and is generally in favor of electric cars. However, he also emphasized that not everyone should be forced to own an electric vehicle. Trump denied reports that he intends to harm Elon Musk's business interests, clarifying that he wants Musk's companies to thrive and that he will not remove large-scale government subsidies benefiting Musk's enterprises. Despite Trump's supportive remarks, Tesla's stock experienced a decline, with shares falling approximately 8.44% to $304.48 amid these developments.