U.S. President-elect Donald Trump claimed Musk can't be president amid speculation about the tech entrepreneur's influence in Republican politics.

Tesla is deeply reliant on China, both for manufacturing and sales. But now that its CEO has an official role in the Trump administration, things could get tricky.

While the phrase “President Musk” was gaining attraction, GOP lawmaker Tony Gonzales compared the billionaire to a prime minister. “It’s kind of interesting,” Gonzales said during an interview on CBS News ’ “Face the Nation.” “We have a president, we have a vice president, we have a speaker. It feels as if Elon Musk is our prime minister.”

Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.

Elon Musk took aim at the Federal Reserve on social media early Monday morning, calling it “absurdly overstaffed.” Musk, the CEO of Tesla and a close ally of President-Elect Donald Trump, is set to lead a new initiative dubbed the Department of Government Efficiency alongside Vivek Ramaswamy,

Elon Musk's net worth has surpassed 470 billion, accounting for 1.6 percent of U.S. GDP, a level of wealth last seen with John D. Rockefeller. His ventures, Tesla and SpaceX, have driven significant innovation in electric vehicles and space exploration.

Elon Musk’s political influence sparks debate in the U.S., with Democrats criticizing his role in the budget process.