Elon Musk's close ties to President Trump is alienating some motorists. Wall Street analysts say that could hurt Tesla.
President Donald Trump and Elon Musk, the unofficial leader of the Department of Government Efficiency, have proposed giving back to Americans. Would that include money for people from Ohio? The idea has been discussed as a means to reduce federal spending.
Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.
Disclosure rules mean that Tesla could have to designate the U.S. government as a related party.