What Elon Musk stands to gain and lose from a Donald Trump presidency

Contributing sentiments towards policy:

71% : Elon," Trump said onstage, thanking the world's richest person for spending two weeks campaigning in Pennsylvania.
64% : Tesla - gutting workers rights and safety concernsIn addition to benefiting Space X, Tesla could also reap rewards from an administration that Trump has said would be characterised by "the lowest regulatory burden".
57% : In February, Musk -- whose net worth is $264.7 billion (£208bn), per Forbes -- held clandestine talks with fellow billionaires where he voiced his support for Trump.
56% : His child, who is transgender, petitioned a California court for a name change from Xavier to Vivian Jenna Wilson, citing, as the reason for the petition, "gender identity and the fact that I no longer live with or wish to be related to my biological father in any way, shape or form.
50% : Many industry experts believe Trump could end these programmes in his new presidency.
49% : Shifting rightwards and buying Twitter to destroy the "woke mind virus"But Musk's shift towards increasingly extreme right-wing beliefs and his support for Trump are also personal.
45% : "The people of America gave @realDonaldTrump a crystal clear mandate for change tonight," Elon Musk wrote on X, which he owns, after the vote count on November 6.Musk even spent election night with Trump at his Mar-a-Lago resort in Florida.
45% : Trump backed the idea and in September, he revealed plans to establish a government efficiency commission led by Musk, tasked with auditing federal agencies to identify areas for cuts.
43% : "Elon, get those rocket ships going," Trump said on the campaign trail in September.
42% : "I don't hate the man," Musk tweeted in July 2022, "but it's time for Trump to hang up his hat & sail into the sunset."
38% : He officially threw his support behind the Republican immediately after the first assassination attempt against Trump in July -- and has been a regular fixture on his campaigns since.
37% : However, there are some ways in which Trump and Musk make rather incompatible bedfellows.
36% : Alternatively, if Trump has a Republican-controlled Congress, he could push legislation to eliminate the credit.
33% : Space X has also been in trouble with the US Department of Labour -- one of the branches of government that Trump could give Musk the power to audit.
33% : Trump has consistently and overtly opposed electric vehicles throughout his career, saying that their supporters should "rot in hell" and that helping the burgeoning industry is "lunacy".
32% : So why has Musk backed Trump so vociferously and what does he stand to gain from the administration?
21% : The United Auto Workers filed unfair labour practice charges against Trump and Musk after the pair discussed Musk supposedly firing striking workers during a conversation on X earlier this year.
20% : One key point of agreement between Trump and Musk, which will likely impact all of Musk's businesses, is their deep hatred for regulation.
17% : (The tweet was in response to Trump claiming that Musk was lying about his plans to buy Twitter).

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