While EV is not popular, Musk did pivot to Republican by moving headquarters of Tesla, and more recently, SpaceX and X.com.
Musk also donates to Trump.
But problem is that his companies are not something Trump likes.
Besides electric vehicles, Optimum, which can replace factory workers in the future, is probably not what Trump wants. Trump wants blue-collar jobs in the US.
Plus, although Musk bought Twitter and lifted the ban on Trump’s account, Trump hasn’t been active on X.com besides a post in Aug 2023.
https://t.co/MlIKklPSJT pic.twitter.com/Mcbf2xozsY
— Donald J. Trump (@realDonaldTrump) August 25, 2023
On top of these, Musk might be too close to China, which would be frowned upon.