Musk's reaction surprised market participants, especially considering he had reportedly invested nearly $300 million

President Donald Trump said he is keeping his red Model S Tesla despite his recent feud with Elon Musk, but it might not stay at the White House, where the electric car has been parked since he bought it.

Donald Trump on Monday addressed a question that’s been on many people’s minds ever since the president’s spectacular blow-out with former so-called “First Buddy” Elon Musk last week. Namely, what will happen to the red Tesla model S that Trump bought during a White House event in March to promote Musk’s electric vehicle brand amid backlash to the billionaire’s now-ended role leading the public spending-slashing,