Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other benefits over the years.

The company’s CEO has been appointed to a new government role by President-elect Donald Trump, but there are more factors at play for the EV maker.

U.S. President-Elect Donald Trump said on Thursday that a government efficiency panel headed up by billionaire Tesla CEO Elon Musk will issue reports in its work to streamline the U.S. government. "They will be coming out with individual reports and a big one at the end,

Billionaire entrepreneur Elon Musk is expected to join President-elect Donald Trump at the meeting of U.S. House of Representatives' Republicans on Wednesday morning, the New York Times and CNN reported,

Elon Musk picked to head up Trump’s new efficiency department Donald Trump has confirmed Elon Musk will co-lead the new department of government efficiency. The president-elect said on Tuesday that Mr Musk,