Tesla’s financial tale, however, has taken a turn since Trump took the oath of office with Tesla stock down over 17% since Jan. 21, as of midday Friday. Just weeks before the inauguration, Tesla reported the first full-year drop in global sales in its history as a public company, according to a report from CNN.

President Donald Trump has settled a lawsuit against Elon Musk’s X over the social media platform, formerly known as Twitter, banning him after the Jan. 6, 2021 attack on the Capitol