Donald Trump and his advisors have reportedly been discussing plans to establish a commission to reduce government waste, with Elon Musk potentially playing a significant role. The former president’s team sees Musk, CEO of Tesla and SpaceX, as a valuable asset in this effort.
Musk has shown interest in leading a “government efficiency commission” multiple times. His enthusiasm for eliminating what he considers unnecessary regulations and spending has been evident in his public statements. In August, Musk shared an AI-generated image of himself at a podium labeled “Department of Government Efficiency,” with the acronym DOGE, a nod to the popular cryptocurrency he supports.
Potential conflict of interest concerns
However, Musk’s potential involvement in a federal audit has raised ethical concerns. Experts have pointed out that Musk’s vast business empire, which includes significant dealings with government contracts and regulations, could lead to conflicts of interest. They worry that Musk might use this position to influence regulations that directly affect his companies while advocating for more favorable conditions in industries where he has substantial investments.
Despite these concerns, Trump’s team appears confident in Musk’s ability to contribute positively. Addressing the situation last week, the former president acknowledged Musk’s interest while noting the limitations of his involvement due to his business commitments. Trump suggested that Musk could offer valuable ideas in a consulting role rather than taking a formal position in the Cabinet.
Musk’s shift in political support
Musk’s involvement with Trump’s plans marks a notable shift in his political alignment. Although he showed some support for Joe Biden during the 2020 election, Musk has since become a vocal supporter of Trump. This change has been reflected in his actions, including his support for a SuperPAC called America PAC, which backs Trump’s 2024 campaign. According to recent filings, the PAC has already raised at least $8.7 million.
Musk has also been using X, the social media platform he acquired in 2022, to express his support for Trump while criticizing Vice President Kamala Harris. This public support has further cemented Musk’s alignment with Trump’s political agenda.
Regulatory challenges under the Biden administration
Musk’s shift toward supporting Trump can be partly attributed to his companies’ regulatory challenges under the Biden administration. Tesla has been under scrutiny by the Justice Department and the Securities and Exchange Commission (SEC) over its marketing of driver-assistance technology. Additionally, the National Highway Traffic Safety Administration (NHTSA) issued a recall affecting nearly all Tesla vehicles, citing concerns that drivers might not be adequately attentive while using Autopilot.
The SEC has launched an investigation into Twitter, and the National Labor Relations Board (NLRB) is investigating harassment claims at SpaceX. These regulatory pressures have likely influenced Musk’s support for Trump, as a second Trump term could potentially reduce regulations affecting his businesses.
While Musk’s potential involvement in a federal audit has generated excitement among Trump’s advisors, it has also raised significant ethical concerns. Musk’s recent political shift and the regulatory challenges his companies face have positioned him as a key figure in Trump’s plans for reducing government waste.