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Euronews

Tina Teng

Tesla CEO Elon Musk says he will spend 'a lot less' on future political campaigns

Elon Musk Tesla Inc. United States Donald Trump Austin

Tesla CEO Elon Musk said he intends to significantly reduce his political spending in future campaigns, during an interview at the Qatar Economic Forum on Tuesday.

Musk reportedly donated more than $250 million (€221 million) to support Donald Trump’s 2024 presidential campaign. When asked whether he would match that level of spending in the 2026 midterm elections, Musk replied, “I think, in terms of political spending, I’m going to do a lot less in the future.”

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