Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other benefits over the years.

The company’s CEO has been appointed to a new government role by President-elect Donald Trump, but there are more factors at play for the EV maker.

Elon Musk has slept on Tesla's factory floor and instructed SpaceX employees to walk out of meetings where they aren't adding value.

Headed by Elon Musk and Vivek Ramaswamy, the body announced by Trump would operate outside government and provide advice to the White House on cutting spending.

Billionaire entrepreneur Elon Musk is expected to join President-elect Donald Trump at the meeting of U.S. House of Representatives' Republicans on Wednesday morning, the New York Times and CNN reported,

Elon Musk will have to balance the many business dealings he has with the U.S. government as he contemplates joining President-elect Donald Trump for his second term in office. David Yaffe-Bellany, a crypto and technology reporter at The New York Times,