Elon Musk says he will spend “much less” on politics

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Elon Musk, the largest political donor in the United States, said he intends to spend “much less” on future political campaigns, in a blow to Donald Trump’s loyalists before the renewal elections next year.

The richest man in the world, who spent more than a quarter of a billion dollars in Trump’s 2024 presidential campaign, said he believed he was “doing enough” to donate for political reasons.

Speaking at the Economic Forum in Qatar on Tuesday, Musk said: “I will do a lot (political spending) in the future,” adding that he “has not seen a reason” currently to maintain the level of support he provided to conservative candidates during the past year.

The notes come after the most recent Moses invasion of electoral politics. The Wisconsin Supreme Court candidate, which he supported with more than $ 25 million lost by 10 percentage points in April, after Democrats turned into a referendum on the Trump administration and the so -called government efficiency in musk.

Soon after the defeat, Musk-which appears more popular than Trump-that he was returning from Dog to spend more time in Tesla administration, who suffered partially decreased due to the protests against the government cost-cutting initiative.

The billionaire was about the 2024 elections by trading in the Trump campaign, and by providing Republicans at the main basis, it generates $ 100 to sign a petition confirming their support for “first and second modifications”, in an attempt to increase the participation rate in the border areas.

America Pak, the political action committee established by Musk, too I offered a million dollars a day To sign petitions in the last weeks of the race.

Trump supporters expected Musk to continue supporting Maga Republicans during the upcoming electoral session.

Congress Margori Taylor Green, a fierce ally of Trump, said in November that America Pak “will be decisive in the escalation of the preliminary elections against anyone standing on the path of Maga’s agenda.”

But Musk has since clashed with Trump’s cabinet members and unstable the administration’s commercial policies. His work also suffered from his proximity to the White House.

On Tuesday, Tesla CEO confirmed that he is expected to remain responsible for the Electric Car Company in the foreseeable future.

The company denied the recent reports that Tesla board members have explored the option to appoint a successor.

“There must be compensation … (when) something is incredible,” said Musk, who is fighting a legal battle on a $ 100 billion payment package in Tesla.

He also suggested that his commitment to the company was at least to the wages and whether the shares he obtained give him sufficient control over the company.

Musk said he will be open to his satellite’s business factors, and he is currently part of Spacex, but he was cautious about the administrative burdens for being a public company.

Additional reports from Chloe Corniche