Musk has emerged as a prominent member of Trump's inner circle. Tesla has lobbied for electric vehicle subsidies and other benefits over the years.

Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.

The Tesla CEO was named to a position in the second Trump administration on Tuesday evening. Investors don’t seem to be bothered by the idea.

Four people were killed in a fire after a Tesla Model Y lost control and hit a pillar in Toronto last month. The four people were reportedly unable to open the doors of the car after it caught fire and a fifth passenger only survived the crash after onlookers smashed a window and dragged them from the wreckage.

Four individuals died in a Toronto crash involving a Tesla Model Y on October 24, when the vehicle reportedly lost control, hit a guardrail, and collided with a pillar, subsequently igniting. One survivor,

A Tesla fire in Toronto killed four passengers who couldn't open the doors, raising safety concerns about the vehicle's design.

Tesla said a defect could cause the electric truck to lose driver power and pledged to replace the affected part for free.

About 2,400 Cybertrucks face Tesla's sixth recall of the year, while transmission troubles are affecting 461,000 GM vehicles.

Tesla said on Wednesday it was recalling 2,431 Cybertruck electric pickup trucks in the United States as loss of drive power could increase the risk of a crash, in its sixth such move this year. Last month,