Elon Musk has emerged as a key supporter of former President Donald Trump, contributing nearly $119 million to political action supporting him. This backing has positively impacted Tesla’s stock, reflecting investor confidence in a Trump victory. Musk’s companies could benefit from potential regulatory changes under Trump, especially regarding autonomous vehicles, despite challenges from federal safety investigations. Analysts suggest that Tesla may gain a competitive advantage if rival electric vehicle subsidies end. However, other ventures like SpaceX and the platform X may not see significant changes regardless of the election outcome.