Tesla was made big thanks to the Dems' support for EV tax credits, something that Musk’s GOP buddies have always been against. The Atlantic wrote an article about what Musk and Trump have in common: "If we should have learned anything since 2016, it is that resentment is perhaps the most powerful political force in the modern world". https://www.theatlantic.com/newsletters/archive/2022/11/elon-trump-resentment/672030/

Btw, Tesla's factories in China may well constitute a major risk factor the moment tensions rise because of Taiwan. The US and the EU may decide to raise trade barriers on electric cars (incl. Teslas) produced in China.