Tesla stock was up in early trading Wednesday. Even though early gains faded, investors just might be relieved after CEO Elon Musk took yet another job.Shares of the electric vehicle maker were up almost 5% just under $345 a share in early trading.

Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $335 billion at Monday's market close.

Elon Musk has been tapped to co-lead the Department of Government Efficiency (DOGE) after years of hyping up cryptocurrency Dogecoin.

Elon Musk has been tapped to lead a new advisory group on government spending in Donald Trump’s second administration, and the tech entrepreneur has been dropping breadcrumbs on what he plans to do. President-elect Trump announced Tuesday that Musk,

President-elect Donald Trump has officially announced that fellow billionaire Elon Musk will head a new U.S. Department of Government Efficiency ("DOGE") under his administration. Musk may not be eligible to run for president,