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Elon Musk will lead new government department for Trump

Tesla boss and Trump backer Elon Musk picked for role in administration

Elon Musk will take a newly created efficiency role in the second Trump administration.
Elon Musk will take a newly created efficiency role in the second Trump administration. Photo: Sergei Gapton/ AFP via Getty Images

It’s happening. Now Tesla investors have to decide if it’s a problem for the electric-vehicle company.

They don’t seem to think it is. In fact, the stock even rose close to 3% ahead of the open on 13 November.

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