Since this is not an official Cabinet or U.S. government position and it’s essentially newly created, there will be NO changes to Musk’s CEO roles with Tesla and SpaceX,” wrote Wedbush analyst Dan Ives in a Tuesday. “This is another indicator that Musk will have a major seat at the table in the White House and ultimately this is a positive for Tesla as Trump will fast-track the autonomous and AI initiatives in our view over the next 12 to 18 months.”
Ives rates Tesla stock Buy and has a $400 price target.
UNO Wild Card OP : Bullish!
102746659 : I read the role is up till 2026, so he is not leaving Tesla or SpaceX
UNO Wild Card OP 102746659 : Yes Elon will still be ceo of Tesla and SpaceX. That’s why Vivek is there to share the work load
SKYWalkers : there is no position in government, it's civilian advisory OUTSIDE of government,there is no powers, and don't forget Vivek, he will argue with Musk all day long