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Held on November 5, 20242024 US Presidential ElectionAs a result, the RepublicanFormer President Donald Trump winsIt is now certain that he will return to the position of President of the United States for the first time in four years. In his victory declaration speech, Trump praised Elon Musk, who had supported his campaign by supporting him, calling him a “star.”
Elon Musk’s gamble on Donald Trump pays off
https://www.ft.com/content/f1d49ca7-393f-43d6-92aa-3288a31c3e44
What Trump’s win might mean for Elon Musk | TechCrunch
https://techcrunch.com/2024/11/06/what-trumps-win-might-mean-for-elon-musk/
How Trump’s ‘new star’ Elon Musk stands to benefit from his presidency | Elon Musk | The Guardian
https://www.theguardian.com/technology/2024/nov/06/how-elon-musk-stands-to-benefit-from-trump-presidency
The results of the presidential election on November 6th confirmed that Mr. Trump won over 270 electoral votes and was nominated as the next president of the United States. Mr. Musk, the founder of Tesla and SpaceX, and the owner of X (formerly Twitter), has supported Mr. Trump’s election campaign.
Mr. Musk in JulyThe incident in which Trump was shotIn response, I decided to fully support Mr. Trump.declaration. It is also known that Mr. Musk has donated to America PAC, a political funding group that provides funds to Republican candidates, and in the end Mr. Musk contributed a total of $118.55 million (approximately 18 billion yen) to America PAC. When I didIt is reported.
Elon Musk denies reports that he plans to donate $45 million a month to Trump support groups, but admits to making donations – GIGAZINE
Also, Mr. Musk has announced that in 2021Capitol attackreceivedfrozenhad beenTrump’s X (Twitter at the time of freezing) accountofrevivaland in August 2024 on Mr. Musk and X.We had a conversation.
According to the financial newspaper Financial Times, Mr. Musk posted an average of 100 times a day to X in the month leading up to the presidential election, and nearly 200 times in the 24 hours on November 5th. thing. The Financial Times said, “In the months leading up to the vote, Mr. Musk used his megaphone ‘X’ as the owner and most popular account with more than 200 million followers. “They flooded their platforms with pro-Trump messages, allegations of election fraud, and warnings that America would be destroyed if Kamala Harris became president.”
Trump praised Musk, who continued to support Trump’s election campaign, in his speech declaring victory. The scene in which Mr. Trump mentions Mr. Musk can be seen at around the 11:47 minute mark in the video below.
“A new star has been born, Elon. He’s a great guy. He was with me today,” Trump said. “He’s a great genius. We have to protect genius.”
Mr. Musk’s action of fully supporting Mr. Trump was a kind of gamble, but he won the bet by Mr. Trump’s election. Mr. Musk revealed in a post on X that he was spending time with Mr. Trump during the presidential election vote counting process.
After reporting that Mr. Trump had won, he excitedly posted, “It is morning in America again.”
Trump’s election is likely to benefit Musk’s business. Mr. Trump has proposed abolishing subsidies for electric vehicles (EVs) and withdrawing from the Paris Agreement, an international agreement to combat global warming, which at first glance appears to be detrimental to Tesla, which is developing EVs. I think so. However, since Tesla already holds a large share in the EV industry, these policies may hurt competitors rather than Tesla.
Financial services companies/Wedbush“Tesla has unparalleled scale and reach in the EV industry, and this dynamic gives Musk and Tesla a clear competitive advantage in a subsidy-free environment,” said Daniel Ives, an analyst at It is possible that this could lead to
In addition, Mr. Trump has pledged to establish a “Government Efficiency Commission” that will conduct financial and performance audits of the entire federal government, and Mr. Mask is expected to be in charge of this.
Donald Trump promises to establish a Government Efficiency Commission, allowing Elon Musk to lead and influence the federal agencies that regulate his company – GIGAZINE
Mr. Musk also posted a “collage image of himself entering the Oval Office with a sink” on X, suggesting that he would become the head of the Government Efficiency Commission. “Let that sink in” is a word that means “Let’s think carefully about its meaning,” but there is an image of a sink standing outside a door as an internet meme. Musk also compared it to this meme when acquiring Twitter in 2022.I’m entering the headquarters with a sink..
During a live broadcast of the presidential election vote counting process, Musk claimed at the Government Efficiency Commission that he wanted to reduce the “huge federal bureaucracy that is holding America back so much.” “We’re going to do a comprehensive review of all government agencies,” he said. “When multiple agencies have really overlapping portfolios, there’s a lot of overlapping responsibilities. There are a lot of people who work for the government. “We have people, but we need to move them into more productive roles in the private sector,” he said, apparently considering cutting government jobs.
“We still want regulations, but only when necessary,” Musk said. “I liken regulations to referees on the field. Not having referees is a problem, but there are more referees than players. It’s a problem if there are too many,” he commented.
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