Elon Musk recently exchanged her dark Maga hat and his “technological support” costume of the government for her former “Occupy Mars” t-shirt, a reference to the SpaceX mission of his rocket company to colonize the red planet.
He embarked on a media blitz, granting interviews to the media he had previously avoided and saying that he was concentrated on SpaceX and discussing his Tesla electric manufacturer.
And on social networks, he posted that he was spending again “24/7 at work” and was sleeping in factories and servers of his businesses.
As Mr. Musk moves away from Washington And his Ministry of Effectiveness of the Government, the “first friend” of President Trump, returns to his role as a corporate titan. But this decision should not be easy after Mr. Musk spent months supporting Trump’s presidential campaign and dismantling parts of the federal government, which raises concerns that he had become an absent leader in his various companies, including SpaceX, Tesla, the artificial intelligence society XAI and the social media platform X.
The time of Musk in government was a definitely mixed bag for his commercial empire. Tesla is particularly vulnerable after the drop in the nose of Mr. Musk’s popularity when he reduced government jobs. Tesla dealers have become the target of protests as sales and profits have dropped. In addition, the republican budget bill now before the Senate takes up subsidies and policies that promote electric vehicles. Tesla’s shares fell by around 14% this year, wiping around $ 180 billion on its market value.
Some of Mr. Musk’s companies benefited from his proximity to the White House, Trump at some point promoting Tesla cars on the lawn of the White House and SpaceX harvests more Government ties with Starlinkits satellite internet service. X remains a powerful megaphone for the supporters of Mr. Musk and Mr. Trump. And Mr. Trump is a precious ally with the political power that supervises agencies that regulate Mr. Musk’s companies.
