The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.

It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.

Tesla is deeply reliant on China, both for manufacturing and sales. But now that its CEO has an official role in the Trump administration, things could get tricky.

Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.

Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,

Democrats have been calling the world's richest man "President Musk," referencing the influence he allegedly has over the president-elect.

One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,

Tesla’s shares recovered their losses from earlier in the day to close higher on Friday. TakeAway Points: Tesla’s stock rose after recovering losses earlier today. Tesla’s stock fell 8% on Wednesday,

Elon Musk is the founder of Tesla Motors and SpaceX among other companies. Read about his net worth, children, ex-wives, age, home country, and more.

Experts are split on whether that overlap in public opinion is a good or bad thing for Musk’s businesses or for Trump’s politics.

The world's richest man, Elon Musk is poised to achieve yet another record-breaking level of wealth as his net worth inches ever closer to a historic $500 billion, per the Bloomberg Billionaires Index.