Quotes
We've got to make significant reductions in government spending, and we have to move people that work to more productive roles in the private sector,
Musk said on X, hours before Trump won the vote Nobody is making money in EVs aside from Tesla, so the reduction or elimination of EV credits will widen Tesla’s competitive moat,
said Garrett Nelson, senior equity analyst at CFRA Research Business animal spirits could be rekindled once again from Trump’s pro-business approach which could lead to a more robust capital expenditures and investment environment,
said Jeff Schulze, market strategist at ClearBridge Investments Trump’s win likely means some deregulation, including rolling back banking regulations, though Big Tech may remain a bipartisan antitrust focus,
strategists at BlackRock Investment Institute said in a note [Musk is] a character, he's a special guy, he's a super genius. We have to protect our geniuses—we don't have that many of them,
Trump said during his speech I've driven them and they are incredible, but they're not for everybody."
Underscoring this cautious alignment with Musk on EVs, Trump said at a campaign event in Michigan Well, I like Elon, but the car ... I'm all for them if you want to go to the candy store, buy yourself a little candy and come back home. But if you want to take a trip to a place like Mar-a-Lago to say hello to me, you better get yourself a different mode of transportation."
Since his association with Musk, Trump has rowed back a little on these strong opinions, stating at a rally in June Musk is new to politics, but it means a lot for a billionaire and a tech mogul to go all in for President Trump,
said Jondavid Longo, the Pennsylvania state director of Early Vote Action, an organization dedicated to registering Republican voters I'm going to get Elon. And he's great at this. He's going to be our cost cutter,
said Trump at a campaign rally in Michigan in late September I'm for electric cars. I have to be, you know, because Elon endorsed me very strongly, Elon. So I have no choice,
Trump said during an August rally America PAC is going to keep going after this election,
Musk said on an X Spaces Tuesday We could build the rocket faster than they could approve the paperwork,
That emotion is Elon made a big bet and was right. This gives investors confidence that his next big bet has a greater potential to succeed,
Munster said in a post on X on Wednesday Elon Musk's status as Trump's ally from the business community hasn't gone unnoticed by investors who have bid up shares in Tesla by 3% in pre-market trading on the election news,
The biggest positive from a Trump win would be for Tesla and Musk,
Ives wrote in a note to investors, citing likely benefits such as the possibility of Trump imposing tariffs – or import taxes – on electric vehicles made in China It’s all positive for Musk and the US tech sector,
said Neil Wilson, the chief analyst at the brokerage firm Finalto The Department of Government Efficiency is the only path to extending life beyond Earth.”
By introducing a more aggressive algorithm he has definitely changed a space that commentators, journalists and political people use into a place that favours rightwing voices – including his own. He has had an impact on stuff that people are consuming,
In theory, Musk cannot take a full-time government job without putting his companies in trust,
said Brian Quinn, a professor at Boston College law school I need an Elon Musk—I need somebody that has a lot of strength and courage and smarts."