Mr. Musk is fundamentally a creature of Silicon Valley, a scene that initiated an entire revolution in power dressing. The young masters of that universe dressed down to show that they were members of a new elite — one that refused to dress like the grown-ups they were about to topple. It was the defeat of the suit by the T-shirt.

Billionaire Elon Musk is at the center of cutting federal spending for Donald Trump, but the president urged him to use a scalpel rather than hatchet.

Tech billionaire turned unelected American bureaucrat Elon Musk is reportedly losing billions from his net worth each day, as his controversial political actions continue to damage his companies’ reputations.