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The Tesla CEO, Trump’s most influential marketing campaign backer, has turn into a key energy dealer within the presidential transition.
Tech billionaire Elon Musk is delving even deeper into the world of politics after Donald Trump’s election victory, assembly the brand new president and providing him enter on key administration hires, in line with US media stories.
Musk, who donated $119 million to a pro-Trump political motion committee and campaigned aggressively for the Republican, has made virtually day by day visits to Trump’s Mar-a-Lago resort in Florida since Election Day on Tuesday, the place he frolicked with the president-elect. and his household, CNN reported.
Kai Trump, Donald Trump’s granddaughter, posted a photograph of himself with Musk and his little one on social media and joked that the billionaire was “reaching uncle standing.”
Elon reaches uncle standing pic.twitter.com/vufSffziZN
— Kai Trump (@KaiTrumpGolfs) November 10, 2024
Musk makes his voice heard at vital worker deliberations, in line with CNNwhereas utilizing the social media platform X, which he owns, to advertise his political beliefs.
“He positively blends in on a regular basis. That is his model,” tech journalist Kara Swisher instructed CNN. “I’ve heard Trump individuals name me and say, ‘Oh, wow. That is unusual.’ And that’s true.”
Over the weekend and on Monday, Musk posted messages of assist for Florida Sen. Rick Scott to steer the Senate and invited the general public to counsel nominees for Trump’s Cupboard.
The billionaire additionally shared messages from former Republican presidential candidate Vivek Ramaswamy, whose title has been put ahead for a board position, advocating a “radical downsizing” of presidency.
“The obstacles are overcoming the Kafkaesque nature of the foundations governing this huge paperwork and guaranteeing that maniacally dedicated small-government revolutionaries be a part of this authorities!” Musk wrote in a single submit, responding to Ramaswamy’s suggestion.
Certainly, the obstacles are overcoming the Kafkaesque nature of the foundations governing this huge paperwork and guaranteeing that maniacally dedicated small-government revolutionaries be a part of this authorities!
— Elon Musk (@elonmusk) November 11, 2024
Musk’s entry to Trump at Mar-a-Lago, which CNN reported has turn into the de facto centerpiece of Trump’s presidential transition, has given him an incredible quantity of affect in ways in which may benefit his corporations, analysts mentioned .
His electrical car firm, Tesla, has already seen a lift, with its shares rising 14 p.c the day after Trump’s election victory and the specter of tariffs on Chinese language imports prone to block rivals from the nation.
“We’ve got seen lobbying efforts. We’ve got seen tremendous PACs (political motion committees), however this can be a totally different degree that we have now by no means seen earlier than,” Gita Johar, a professor at Columbia Enterprise Faculty, instructed The Guardian. “There can be a quid professional quo that he (Musk) will profit from.”
Whereas Trump beforehand floated the concept of naming Musk “cost-cutting secretary,” he’s unlikely to take a job that requires Senate affirmation or disrupts his companies, Al Jazeera’s Alan Fischer reported.
As a substitute, Musk might serve on a “blue ribbon committee the place he would nonetheless have huge entry however not be topic to authorities ethics guidelines,” in line with CNN.
With such shut ties to the president-elect, Musk will possible push arduous for deregulation, which he has repeatedly blamed for slowing innovation at his corporations, together with SpaceX and Tesla.
“America is a nation of builders,” Musk wrote on X on the day of Trump’s election victory. “Quickly you’ll be free to construct.”
Elon Musk stays near Trump and influences US transition: stories | Donald Trump information
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