Trump told reporters he would write a check for the car, which retails for roughly $80,000, and leave it at the White House so his staff can drive it. The president also said he hopes his purchase will boost Tesla,

Elon Musk's 4-year-old son Lil X became a viral sensation after hopping around at Trump's Tesla showcase at the White House. Social media was flooded with reactions to the adorable moment.

Overall government spending reportedly rose by $40 billion, a 7 percent increase compared to the same month last year.

While Tesla CEO Elon Musk isn't in any danger of struggling to make ends meet, his wealth has taken a significant hit recently as shares of the electric vehicle company tumble on the stock market. Some analysts say it's an indication that Musk's controversial comments and connection to the Trump administration are having an impact on his personal riches.