Tesla shares climb as Trump shows off a line of the vehicles in front of the White House | CNN Business

New York CNN  — 

It was an extraordinary scene at the White House South Lawn Tuesday. President Donald Trump effectively held a combination press conference and live Tesla ad outside the White House, accompanied by the company’s CEO and Department of Government Efficiency Head Elon Musk – all in front of a line of shiny Tesla vehicles.

The scene was all the more remarkable because Tesla shares have been in a sharp slump recently, erasing all their gains since Election Day as Musk’s increasing political profile and moves to slash the federal government have drawn a major

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