A Trump agenda dead set on slowing EV adoption could be a disaster not just for Tesla but also for every other US automaker, too. Throw in Trump’s controversial tariff plan, and well… you have a political and economic mess of unprecedented proportions that could shape the auto industry in America for years to come.

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,

President-elect Donald Trump has tasked Elon Musk and Vivek Ramaswamy with leading a panel to streamline the U.S. government, called the Department of Government Efficiency. Details are to follow, but here's what we know about the genesis of the DOGE.

President-elect Donald Trump has tasked billionaire Tesla CEO Elon Musk with setting up a panel to streamline the U.S. government. Although Trump has said little about how this group would operate, Musk previously set an ambitious goal of cutting $2 trillion of federal spending.

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.