What Trump Election Means for Elon Musk, Tesla (TSLA) and SpaceX

What Trump Election Means for Elon Musk, Tesla (TSLA) and SpaceX

No billionaire did more to help Donald Trump win the US presidential election than Elon Musk. The Tesla Inc. and SpaceX boss will now find out whether it pays off or he ends up getting burned.

Musk, whose growing political apparatus has already proved its mettle, will gain more than just an ally in the White House. Trump has floated giving him an official role cutting government spending — and with it the power to influence policy and the federal agencies that oversee his vast empire of companies.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *