Elon Musk: The Unofficial Power Behind US Government Decisions?
Portfolio Pulse from Michael Cohen
The U.S. government's reliance on Elon Musk's companies, SpaceX and Tesla Inc (NASDAQ:TSLA), in areas like space exploration, transportation, and energy is causing concern. Musk's risk-taking nature and influence in geopolitical conflicts present challenges for the government. His power extends beyond business into political discourse, as seen in his recent rebranding of Twitter as 'X'.
August 21, 2023 | 4:00 pm
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The U.S. government's reliance on Tesla for its electric car plans could be impacted by Musk's unpredictable nature and influence in geopolitical conflicts.
The government's plans for electric cars largely depend on Tesla. However, Musk's unpredictable nature and influence in geopolitical conflicts could potentially disrupt these plans, impacting Tesla's business.
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