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Elon Musk's regulatory troubles have begun to melt away in Trump's second term

  • Elon Musk's regulatory troubles have begun to ease since Donald Trump started his second presidential term in January 2025.
  • This change came after Musk, who invested approximately $290 million in support of Trump and other Republicans and acted as an adviser in the White House, while Trump worked to lessen federal regulatory actions.
  • The Trump administration dropped or suspended several regulatory actions against Musk's companies, including cases at the Labor and Justice Departments, while regulatory agencies faced staffing cuts.
  • More than 40 federal investigations involving Musk’s businesses have seen no public action for months, raising concerns about potential dormant cases and special treatment, according to experts and congressional reports.
  • These changes suggest Musk will operate with fewer constraints and likely continue benefiting from large government contracts and new opportunities under the Trump administration.
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According to a letter from the European Commission to German MEP Daniel Freund (Greens), a subsidiary of Tesla will receive almost EUR 159 million from the "Connecting Europe" funding programme for the installation of charging stations for e-cars. A further approximately USD 197 million (around EUR 177 million) has been charged by the US company SpaceX for the launch of satellites for the European satellite navigation system Galileo with launch …

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MondialNews broke the news in on Sunday, May 11, 2025.
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