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Re:Trump Nominates Elon Musk to Head Department of Governmen... by jltsiren on Tuesday November 12, 2024 @08:40PM (#42122055)
The interesting question is how this will affect Tesla. Will Musk continue as the CEO, or will he step down? I would assume that every other major shareholder and leader hopes he will step down.

Once you become a top-level politician, that is your primary identity. Everything else you do becomes a side business. If Musk remains the CEO, everyone doing business with Tesla understands that they are dealing with a US government official. That's going to be a big business risk, especially outside the US.

Re:Trump Nominates Elon Musk to Head Department of Governmen... by root_axis on Tuesday November 12, 2024 @09:58PM (#42122459)
> If Musk remains the CEO, everyone doing business with Tesla understands that they are dealing with a US government official. That's going to be a big business risk, especially outside the US.

It seems like this would be very good for business, especially considering the billions in revenue Tesla already earns from the u.s. government. If I were a Tesla competitor I would be worried.

Re:Trump Nominates Elon Musk to Head Department of Governmen... by blackeyeblitzar on Tuesday November 12, 2024 @08:58PM (#42122150)
This department is an outside advisory group basically. I don’t think it is a real government agency because that would require congressional action.