Elon Musk acknowledged that his role in advising President Donald Trump on efforts to streamline the government was taking a toll on his primary responsibilities as Tesla Inc.’s CEO, stating that it was “costing me a lot.”
Musk’s recent political involvement in the U.S. and abroad has put pressure on Tesla both domestically and internationally.
“It’s costing me a lot to be in this job,” he said at a Wisconsin town hall, noting that some political opponents have linked the company’s stock decline to his actions.