The Wall Street Journal

Elon Musk to Cut Back Political Spending

After huge bets on the 2024 election, Tesla CEO says he’s now focused on winning more control of the company

Elon Musk speaks via video link at the Qatar Economic Forum on Tuesday.
Elon Musk speaks via video link at the Qatar Economic Forum on Tuesday. Photo: Christopher Pike/Bloomberg News

Elon Musk says he plans to cut back on political spending, after making huge donations in the 2024 election to boost President Trump.

“In terms of political spending, I’m going to do a lot less in the future,” he said in a video interview at the Qatar Economic Forum. “I think I’ve done enough.”  

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