Elon Musk has benefited from his close alliance with Donald Trump, as the president has ousted federal officials who had overseen departments investigating the billionaire's multiple companies.

Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago.

"When Elon Musk started interfering with global politics, I started getting uncomfortable with that and I didn't want to be associated with his brand," says former Tesla car owner Jonathan Coupland. The 50-year-old said he was uncomfortable owning his old car because of the Tesla's CEO's "influence" in politics,

Billionaire Tesla CEO Elon Musk has drawn the ire of Democrats due to his role in the Trump administration‘s efforts to cut waste in the federal government, with some New York lawmakers targeting his company with a new piece of legislation.

Tesla CEO and Trump advisor Elon Musk gave Fox News’s Bret Baier a rare look inside his Department of Government Efficiency on Thursday. While the conversation centered around supposed cost-cutting, talk of enemies of MAGA and Musk was never far off.

Elon Musk will face a referendum of sorts in next week's Wisconsin Supreme Court race, where he and his super PAC have been heavily involved in efforts to elect conservative candidate Brad Schimel. Donald Trump's billionaire adviser has emerged as the top spender in the technically nonpartisan race,