The State Department had been in talks with Elon Musk's Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400-million purchase.

SpaceX and Tesla have received a combined $18 billion in federal contracts since 2015 – with a majority going to Musk's space technology company.

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.

NEW DELHI — Indian Prime Minister Narendra Modi met with SpaceX CEO Elon Musk during his visit to the U.S. to meet President Donald Trump. The exact nature of the meeting is unclear, although Modi said on X that the two men “discussed various issues, including those he is passionate about such as space, mobility, technology and innovation.”