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Encourage people to vote in the U.S. presidential election by giving away their personal financesBusinessman Elon Musk has greatly contributed to Donald Trump’s victory in the US presidential election. Multiple media outlets are reporting on how Mr. Musk will benefit from his election victory.
Elon Musk Helped Elect Trump. What Does He Expect in Return? – The New York Times
https://www.nytimes.com/2024/11/06/us/politics/elon-musk-trump-benefits.html
How Elon Musk stands to benefit from Trump’s 2024 election : NPR
https://www.npr.org/2024/11/07/nx-s1-5182280/trump-2024-elon-musk-tesla-x
Musk’s $119 million support for Trump could reshape auto policy
https://www.cbtnews.com/musks-119-million-support-for-trump-could-reshape-auto-policy/
How Musk’s clout with Trump could enrich his companies | Reuters
https://www.reuters.com/markets/us/how-musks-clout-with-trump-could-enrich-his-companies-2024-11-06/
How Elon Musk’s $130 million investment in Trump’s victory could reap a huge payoff for Tesla and the rest of his business empire | Fortune
https://fortune.com/2024/11/06/elon-musk-donald-trump-tesla-spacex-xai-boring-neuralink/
Trump’s second term Cabinet: Here’s who may fill key roles
https://thehill.com/homenews/administration/4979519-trumps-second-term-cabinet-heres-who-may-fill-key-roles/
Mr. Musk implemented a reward program in the battleground area of the US presidential election, “If you vote, you get 100 dollars (about 15,000 yen)”, and in addition, one person who participated in this reward program will receive 1 million dollars per day. (approximately 150 million yen) to support Trump’s support in the battleground region. Although some pointed out that this incentive program was “illegal,”Ruling that it can be carried out until the electionhas been lowered. According to reports, Mr. Musk has poured over $100 million (approximately 15 billion yen) of his personal funds into this incentive program.
Elon Musk announces that he will donate “150 million yen to those who voted”, but some say it is illegal – GIGAZINE
Mr. Musk watched the vote counting results with Mr. Trump in West Palm Beach on the day of the election, and after it became clear that Mr. Trump had won, he posted on X (formerly Twitter) that “American morning has come.”
In his victory speech, Trump mentioned Musk by name and said, “A new star is born,” and “A star is born! Elon!”I was admiring.
Mr. Musk owns several companies, including electric car maker Tesla and space exploration company SpaceX. And these companiesHighly dependent on government subsidiesI’m doing it. Specifically, Tesla has received millions of dollars (hundreds of millions of yen) from the government to install EV charging stations, and SpaceX has received billions of dollars (hundreds of billions of yen) for its moon exploration mission. We have won government contracts, and the satellite internet Starlink has also received millions of dollars (hundreds of millions of yen) in subsidies from the government.
Multiple media outlets simultaneously reported that Mr. Musk would benefit greatly from Mr. Trump’s inauguration as president.
Geeta Johar, a professor at Columbia Business School who studies I also support Mr. Trump by being by his side. I think Mr. Musk’s thinking and expectations are, “I’ll take care of you, so you should take care of me.” I spoke.
In August 2024, Mr. Musk made a live broadcast on X.Conversation with Mr. Trump”, he proposed the establishment of a “Government Efficiency Commission” that would act as an auditor for the entire federal government. Musk described the commission as an organization to ensure that tax dollars are spent appropriately. Three weeks later, Trump established the Government Efficiency Commission and appointed Musk to lead it.announcementI did.
During the first Trump administration, Commerce Secretary Wilbur Ross was said to have been able to ignore ethics rules with little impunity.It is reported. Despite telling ethics officials he would sell millions of dollars in assets, Mr. Ross did not. Mr. Musk’s appointment to head the Government Efficiency Board could have significant influence over the agency’s budget allocation. However, at the time of writing, details regarding what rights the Government Efficiency Commission can exercise have not been disclosed. However, the Government Efficiency Commission is reportedly considering major budget cuts.
Mr. Trump repeatedly referred to the Government Efficiency Commission during the campaign, and several times referred to Mr. Musk as the “cost-cutting secretary.” Mr. Musk, as head of the Government Efficiency Commission, has also said that he will cut $2 trillion (approximately 300 trillion yen), equivalent to almost one-third of the federal budget. Similar committees established in the past did not have the authority to actually cut the budgets of government agencies, but were only given the authority to make recommendations to Congress.
Under President Joe Biden’s administration, regulatory scrutiny of Musk’s companies has increased. Agencies such as the Department of Justice, Securities and Exchange Commission (SEC), National Labor Relations Board, Environmental Protection Agency, and Federal Trade Commission are conducting investigations into Musk’s businesses.
The Department of Justice is investigating Tesla for misleading consumers with its Full Self-Driving (FSD) feature, and the National Highway Traffic Safety Administration is investigating several fatal crashes allegedly caused by Tesla’s FSD. As a result, Tesla recalled more than 2 million vehicles in 2023.
All Tesla Autopilot equipped vehicles are subject to recall, with over 2 million vehicles being recalled – GIGAZINE
In response to this recall, Mr. Mask posted on X, “The comedy police forced us to recall (sigh).”
Musk’s social media company X is being investigated by the Federal Trade Commission for its privacy practices, and the SEC has accused him of not disclosing the amount he invested in when he purchased Twitter stock. I am suing. In addition, Mr. Musk has also been sued by the SEC over Tesla, and in response, he provoked the SEC by saying, “The ‘E’ in the middle of SEC is Eron.”PostWe are doing
Elon Musk was finally sued by the US government, he was ordered to appear in court regarding the hijacking of Twitter, but he ignored it and did not respond – GIGAZINE
Professor Dzhokhar said: “Government contracts will be awarded to Musk’s companies with little oversight. This means a lack of regulation, a lack of oversight, all of which benefit Musk’s companies. “If Mr. Trump becomes president, Mr. Musk’s companies will escape regulation and scrutiny,” he said.
Although Trump has criticized electric cars in the past, he said at a rally in August 2024, “I support electric cars. Because they strongly supported us,” he said. Mr. Trump also indicated support for SpaceX, saying, “We will land American astronauts on Mars. Thank you, Elon.”
During the campaign, Musk has heavily promoted his political supporters through X, spread conspiracy theories about immigration and other key issues, and slandered Trump’s opponent, Kamala Harris. I did. Below is an example of a post by Mr. Musk defaming Ms. Harris. “Kamala will be a communist dictator from day one in office,” she posted, along with an image of Harris wearing an AI-generated red suit and a hat decorated with a hammer and sickle.
wall street journalAccording to , since Musk endorsed Trump in July 2024, he has increasingly emphasized pro-Trump posts and statements by conservative politicians. It was noted that X’s algorithm tends to recommend right-leaning partisan topics, with these political posts accounting for half of all posts in people’s “recommended” feeds. NPR reports that “under the Trump administration, X could be seen as a presidentially supported platform, and its influence would grow even stronger.”
In addition, it is said that X had such a large influence on the US presidential election that it cannot be quantified. When Mr. Musk bought Twitter for $44 billion (approximately 6.7 trillion yen), it was pointed out that the company was not worth that much, and Mr. Musk agrees with this, but this presidential election According to Bloomberg, X may even have overturned that reputation due to his performance inReport itI’m here.
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