A new CNN poll has revealed how Americans feel about Musk, who is becoming increasingly influential despite claiming he merely provides 'tech support' for the Trump administration (he even wore a t-shirt with this slogan emblazoned on it, just in case we didn’t get the memo).

When Elon Musk puts on a nice suit, it has a way of looking like a demotion. Last week, President Trump’s press secretary Karoline Leavitt was asked a seemingly simple question about the White House dress code.

Elon Musk's Tesla stock price has dropped by 54 percent since the start of the year, with sales in Europe and production in China falling.

Tesla's lower-cost vehicle is supposed to begin production by June at the latest. Analysts tell BI the launch is "crucial" and a "necessity."

While Tesla CEO Elon Musk isn't in any danger of struggling to make ends meet, his wealth has taken a significant hit recently as shares of the electric vehicle company tumble on the stock market. Some analysts say it's an indication that Musk's controversial comments and connection to the Trump administration are having an impact on his personal riches.