[Anchor]
Tesla CEO Elon Musk, who supported the Democratic Party until the last presidential election, has turned into an avid supporter of former President Donald Trump in this presidential election.
Why on earth is Musk supporting Trump, who seems stingy in supporting EVs and doesn't care about press freedom?
Reporter Kwon Young-hee reports.
[Reporter]
Musk rolled up his sleeves to help Trump.
I'm campaigning for support around the battleground.
Following the donation of 100 billion won through a self-made political fund organization, we urge voter registration with a prize money.
[Elon Musk / Tesla CEO: Be sure to tell friends, family, acquaintances, people on the street, everyone you meet to register. You need to register.]
Musk's flagship business is no longer an electric vehicle, but self-driving.
The rush to announce a self-driving robot taxi called CyberCap, under fire for under-expectation, could also be a Musk-style gamble.
It has declared that it will be commercialized in 2026 at a time when the autonomous driving business is not making progress due to current government regulations.
Some say that if Trump is elected, he has announced the schedule in advance to see the benefits of overcoming regulations.
[Elon Musk / Tesla CEO: Slept In Self-Driving That Needs Supervisionwill transition to fully autonomous driving, where you can wake up from your destination.]
Space company SpaceX is also not free from government regulations.
They are even fighting with the government over taxes and the number of launches.
Satellite Internet Starlink also needs to pass strict Federal Communications Commission regulations to expand its business.
As such, most of Musk's businesses are high-tech businesses that require government support or deregulation.
However, Trump expressed his willingness to reform the high-intensity regulations, saying that he would abolish 10 when he created one regulation.
In addition, we plan to involve Musk in this work.
[Donald Trump / Former U.S. President: We're going to create a government efficiency committee. And Elon Musk will chair the committee because he's not very busy.]
With innovative ideas and visions, Musk is a natural born businessman.
On the surface, they call for democracy, but that's why Musk has no choice but to bet everything on Trump.
I'm YTN's Kwon Younghee.
Edit
video: Han Kyung-hee
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