Though Tesla’s shares doubled over the past 12 months, they’ve had a tough run since the inauguration. Investors are waiting to see if Elon Musk can keep the company’s charmed run going.

Musk, who also runs SpaceX and a number of other companies, has been known to make big often exaggerated promises. For example, he once called the Hyperloop, which was never built, the "fifth mode of transport" and famously promised to take Tesla private in a Twitter post, saying he had secured financing that he didn't have.

Tesla Chief Executive Elon Musk's brother, Kimbal Musk, who is a Tesla board member, sold 27 million worth of Tesla stock on Thursday, according to regulatory filings. Kimbal Musk sold 75,000 TSLA shares for an estimated $27.

All eyes seem to be on billionaire Elon Musk lately as he heads up the Department of Government Efficiency. With Musk's newfound influence, some investors may be contemplating purchasing stocks