Tesla to benefit from Musk's ‘poker move for the ages', says Wedbush
Portfolio Pulse from
Elon Musk has been appointed as co-head of the newly created Department of Governmental Efficiency (DOGE) by President-elect Donald Trump. This move is expected to benefit Tesla, as Musk will share his duties at Tesla, SpaceX, xAI, and Twitter/X with this new role.
November 13, 2024 | 2:00 pm
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Elon Musk's new role as co-head of the Department of Governmental Efficiency is expected to benefit Tesla. This appointment may enhance Tesla's influence and operational efficiency.
Elon Musk's appointment to a governmental role could increase Tesla's influence and operational efficiency, potentially leading to positive outcomes for the company. This is seen as a strategic move that aligns with Musk's unconventional approach.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80