CEO has an outsized theoretical and actual physical presence in Trump's orbit. “Trump does complain a bit to people about how Musk is around a lot,” Haberman said. “He really parked himself in Trump’s face.

The new president and chief executive of Hyundai isn’t concerned about Elon Musk’s close relationship with Donald Trump. Jose Munoz, who took the top job at the carmaker on January 1, added Hyundai has invested heavily in the US as it views it as its “most important market,” and not because of incentives provided under the Biden administration.

President-elect Trump understands the U.S. auto industry better now than he did during his first term, says Ford chairman Bill Ford, who's hopeful that Tesla CEO Elon Musk will use his close relationship with Trump to advocate for all automakers.

Hyundai CEO José Muñoz said he’s not concerned about the relationship between President-elect Trump and Tesla CEO Elon Musk, whose company is one of Hyundai’s biggest competitors. Instead, Munoz said in an interview with Bloomberg that he thinks their close relationship could benefit the U.