CEO in title only nowadays and is keener on wielding power in the incoming Trump administration, one outspoken investor in the electric vehicle maker contended. "[Elon Musk] certainly is setting the direction and the tone of the business and overseeing the senior executives that are in charge of all the different projects,

How will Chief Executive Elon Musk’s foray into politics will play out? And how fast and seamless will Tesla’s new projects, including a cheaper EV and vehicle redesigns, come to market?

A quasigovernmental group is already operating inside Washington. It’s unusual, but anyone familiar with Tesla CEO Elon Musk won’t be shocked.

Elon Musk changed his previous projection of how much he can save the U.S. in his new role as co-head of Donald Trump 's Department of Government Efficiency (DOGE).

Elon Musk, along with tech bro Vivek Ramaswamy, is already dispatching DOGE agents across the U.S., before he even plants himself in the White House. The two billionaires have hired around 50 staffers and sent representatives for their nongovernmental "Department of Government Efficiency" to 12 federal agencies so far,