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Musk’s Favorability Mirrors Trump’s in AP-NORC Poll

Musk and Trump poll/ Elon Musk Trump alliance/ Musk favorability AP-NORC/ Tesla political influence/ Trump administration Musk connection/ WASHINGTON/ Newslooks/ J. Mansour/ Morning Edition/ An AP-NORC poll reveals that Elon Musk and President-elect Donald Trump share similar favorability ratings among Americans, with about half viewing them unfavorably. Musk’s close ties to Trump, including his support during the campaign, are raising questions about the implications for Musk’s businesses and Trump’s administration.

FILE – Tesla and SpaceX CEO Elon Musk, left, and Republican presidential nominee former President Donald Trump attend a campaign event at the Butler Farm Show, Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon, File)

Americans Compare Musk and Trump: Quick Looks

  • Poll Results: Musk and Trump both have 40% favorability ratings, with half viewing them unfavorably.
  • Political Alliance: Musk supported Trump’s campaign and pledged to cut government size.
  • Business Gains: Tesla and Musk’s ventures could benefit from Trump’s policies.
  • Public Divide: Musk’s attachment to Trump alienates some while bolstering others’ support.
  • Economic Impacts: Tesla investors anticipate gains despite potential loss of EV tax credits.
  • Historical Context: Musk’s reliance on government subsidies contrasts with Trump’s anti-regulation stance.
  • Future Risks: Analysts debate long-term effects on Musk’s reputation and Trump’s administration.

Musk’s Favorability Mirrors Trump’s in AP-NORC Poll

Deep Look

Elon Musk and President-elect Donald Trump, two of the most influential figures in America, share strikingly similar levels of public opinion, according to a new AP-NORC poll. The survey highlights their 40% favorability ratings, alongside unfavorable views from roughly half of Americans, reflecting the polarizing nature of both men.

Musk’s Role in Trump’s Administration

Musk’s outspoken support for Trump, including a $250 million campaign contribution, has cemented his place as an ally to the incoming administration. At a post-election donor event at Mar-a-Lago, Musk echoed Trump’s campaign themes of transformation and disruption:

“The public has given us a mandate… It’s going to be a revolution.”

Trump has tasked Musk with leading efforts to reduce government size and limit federal regulations, a move that aligns with Musk’s own business interests.

Public Opinion and Business Implications

The AP-NORC poll reveals that Musk’s attachment to Trump has not boosted his popularity beyond core Trump supporters. Musk’s favorability is comparable to Trump’s, with both viewed unfavorably by half of Americans.

Political strategist Christine Matthews noted Musk’s role in reinforcing Trump’s image as a pro-business leader:

“Musk validates Trump’s narrative of business success and innovation, amplifying his economic agenda.”

However, Musk’s association with Trump has sparked concerns about alienating customers who oppose Trump’s politics. Ross Gerber, a Tesla investor, expressed frustration:

“As a shareholder, I’m paying someone to not work for my company.”

Despite reservations, Gerber acknowledged Musk’s business acumen:

“I’ve made a lot of money with Elon.”

Tesla’s Unique Position

Tesla, Musk’s flagship company, stands to benefit from Trump’s administration despite challenges such as the potential elimination of EV tax credits. Analysts believe Tesla’s dominance in the electric vehicle market, combined with Trump’s tariff policies limiting Chinese imports, could provide a competitive edge.

Dan Ives of Wedbush Securities described Musk’s position as a “champagne moment” for Tesla investors:

“Musk’s relationship with Trump could revolutionize Tesla, especially in AI and autonomous driving.”

Still, some critics argue that ending subsidies for competitors could harm the broader EV market and reduce Tesla’s long-term growth potential.

Broader Business Impacts

Musk’s other ventures, including xAI and SpaceX, may see increased government collaboration under Trump’s leadership. AI, in particular, stands to gain from Musk’s proximity to regulatory decision-makers:

“AI is transformative, and Musk’s influence ensures a favorable environment for innovation,” Gerber noted.

A Historic Partnership

The alliance between Trump and Musk marks an unprecedented relationship between a sitting president and a business magnate. Historian David Nasaw highlighted Musk’s dependence on government subsidies for success, contrasting sharply with Trump’s anti-regulation rhetoric:

“He’s a unicorn—unlike any other tycoon in U.S. history.”

Looking Ahead

Musk’s alignment with Trump has created both opportunities and risks. While his businesses may thrive under favorable policies, his public image and customer base remain divided. As Trump’s administration begins, the long-term effects of this unique partnership on American politics and industry will continue to unfold.

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