Musk has close connections with China, and the budget deal restricted investments with China.

"The bill also includes provisions focused on countering China, including expanding on a Biden executive order that seeks to restrict investments into countries that pose a national security threat to the United States."
https://www.pbs.org/newshour/politics/congress-nea...

Elon Musk: the ‘wild card’ in Trump’s dealings with China
"The world’s richest man has deep connections to top Chinese Communist party leaders, and is in the middle of lobbying Beijing over important decisions for his $1tn electric vehicle business, Tesla."
https://www.ft.com/content/e2ecd4fa-d41b-4563-b747...

China Looks to Musk as Conduit to Trump, Seeking to Ward Off Harsh Policies
With billions invested in Shanghai, Tesla chief has much at stake in next administration’s plans
https://www.wsj.com/world/china/china-looks-to-mus...

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