Musk’s Bet on Trump: A ‘Poker Move for the Ages,’ Wedbush Says

Elon Musk Takes the Lead in Trump’s DOGE Department

Musk’s Bet on Trump: A ‘Poker Move for the Ages,’ Wedbush Says

Elon Musk’s decision to get involved in Donald Trump’s newly formed Department of Government Efficiency (DOGE) is being viewed as a bold move—what Wedbush analysts are calling a “poker move for the ages.” Musk, alongside Vivek Ramaswamy, will work to reduce excessive regulations, streamline government bureaucracy, and restructure federal agencies. Despite DOGE not being an official U.S. government department, Musk’s growing influence across multiple federal agencies highlights his increasing power.

Musk’s Bet on Trump Won’t Distract from Tesla or SpaceX

While many may wonder how Musk’s new role might affect his leadership at Tesla (NASDAQ: TSLA) and SpaceX, Wedbush analysts believe Musk’s bet on Trump will not interfere with his responsibilities at these companies. Musk’s focus will remain on running Tesla, SpaceX, and his other ventures, but his involvement in government initiatives—especially around AI and China tariffs—could shape policies as Trump moves closer to a potential return to the Oval Office.

Musk’s Bet on Trump to Benefit Tesla and AI

Wedbush analysts are optimistic about the benefits Musk’s bet on Trump could bring to Tesla, particularly with the anticipated government push towards autonomous driving and AI technologies. These areas of focus align with Musk’s expertise and could accelerate Tesla’s growth in the next 12 to 18 months, especially with Trump’s administration likely to prioritize these innovations.

A Strategic ‘Poker Move’ by Musk

Wedbush believes that Musk’s decision to take on the additional responsibility of leading DOGE is part of a larger strategy. They call it a “poker move for the ages,” with Musk betting on Trump’s ability to reshape the government. Although this role adds to Musk’s already busy schedule, analysts argue that the potential rewards for both Musk and Tesla far outweigh the challenges.

Musk Promises Transparency in DOGE Operations

In a recent post on X (formerly Twitter), Musk emphasized that DOGE’s actions will be fully transparent, with all decisions made available online. He further invited the public to offer feedback and humorously added that there would be a “leaderboard for most insanely dumb spending of your tax dollars.” This blend of transparency and humor reflects Musk’s unique approach to government efficiency.

As the details surrounding Musk’s bet on Trump unfold, it’s clear that this move is one to watch. The impact on Tesla, AI, and government reform could set the stage for significant changes in the near future.