The billionaire entrepreneur says he could return if wanted and that he’ll stay Tesla CEO for not less than 5 extra years.
Elon Musk has signaled plans to reduce his political involvement, telling attendees at Bloomberg’s Qatar Financial Discussion board on Might 20 that he intends to sharply scale back his political spending—although he left the door open to future contributions if he deems the trigger compelling.
Musk, who poured almost $300 million into supporting President Donald Trump’s 2024 marketing campaign and people of different Republican candidates, mentioned he would “do so much much less” political spending sooner or later. When requested why, he replied: “I feel I’ve achieved sufficient.”