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

Tesla stock rose Tuesday as President Donald Trump said he was buying one of its vehicles in a defense of CEO Elon Musk following a brutal selloff in the previous session.A prolonged rout in Tesla shares deepened Monday as investors fretted over Musk’s political distractions and declining sales at his car company.

Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

The U.S. stock market is falling, even after getting a double-shot of encouraging news on the economy. The S&P 500 sank 0.9% Thursday after President Donald Trump upped the stakes

Economy / Everyone knows Trump is messing up, but fear and greed prevent resistance. Jeet Heer Normally, it’s a mistake to blame the fluctuations of the stock market on the actions of just one person—even if they are president of the United States.