But it turns out Trump might be a right man for Musk and his businesses.
In new weeks, a Tesla (TSLA) and SpaceX CEO has been named to Trump’s group of business advisers and visited Trump Tower twice. The initial time he was partial of a big assembly with tech CEOs; a second came progressing this month for a private assembly with Trump’s tip aides.
The blossoming attribute between Musk and Trump’s stay has held a courtesy of Tesla investors.
“Elon Musk has an critical line of communication to Donald Trump by his purpose as a vital confidant to a President-elect,” Adam Jonas, an researcher with Morgan Stanley, wrote in an financier note Thursday.
“We trust this turn of coordination with a new administration could indeed develop into larger vital value than with a before administration,” Jonas added.
While a financier note was privately about Tesla, it could also ask to SpaceX, that has lucrative supervision contracts for space shipments.
That Musk could distinction some-more underneath Trump than President Obama might come as a startle to most. At initial blush, Musk and Trump couldn’t seem some-more during contingency in their priorities.
One has taken an adversarial position on immigration and meridian change; a other came to a U.S. from South Africa (by approach of Canada) and built a roughly $40 billion business to assistance a environment.
Related: Trump sits down with tip Silicon Valley execs
But a dual group might be drawn together by a mutual crony (billionaire tech financier and Trump confidant Peter Thiel) and have some-more in common than some would assume.
“Elon and Trump share dual really critical things in common: strengthening U.S. production and pursuit growth,” Jason Calacanis, a tech financier and crony of Musk’s, told CNNTech.

Trump has pressured companies like Apple (AAPL, Tech30) to “build their damn computers and things in this country.” Musk already does. SpaceX builds rockets in Hawthorne, California. Tesla creates a cars in a bureau in Fremont, California, and opened a battery factory in Nevada.
“The Gigafactory, Tesla and Solar City have combined a large series of high-quality jobs while building a many modernized production on a planet, that is accurately what Trump was inaugurated to do,” Calacanis says.
Musk echoed this indicate during a QA eventuality with analysts this month during a Gigafactory.
“The President-elect has a clever importance on U.S. production and so do we. We are building a biggest bureau in a universe right here, formulating U.S. jobs,” Musk is quoted as observant during a event, according to an progressing financier note from Morgan Stanley’s Jonas.
Musk also pronounced he expects “we might see some startling things from a subsequent administration,” including a probability that Trump is indeed “positive” on renewable energy, notwithstanding his tongue on meridian change.
Reps for Tesla did not immediately respond to a ask for comment. James Gleeson, a orator for SpaceX, declined to comment.
Related: How a private zone can quarrel meridian change, with or though Trump
Beyond a common importance on U.S. manufacturing, Musk also shares common traits with Trump.
One former Tesla worker compared Musk to Trump in that both are hyper wakeful of their open picture and effectively do their possess open family by Twitter.
Peter Thiel was asked in a recent interview if Musk and Trump are similar. “I’m going to get in trouble, though they are, actually.”
“They’re both grandmaster-level salespeople and these really most larger-than-life figures,” pronounced Thiel, who cofounded PayPal (PYPL, Tech30) with Musk and serves on Trump’s transition team.
Some take emanate with a comparison, however.
“At his core, Trump is a unqualified salesman operative in genuine estate, that is very, really opposite than what Elon is: a idealist operative who is reinventing manufacturing, transport and space travel,” says Calacanis.
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