Elon Musk, who spent virtually $US300 million to again Donald Trump’s presidential marketing campaign and different Republicans final yr, stated on Tuesday he would reduce his political spending considerably, the newest public sign that he’s shifting his consideration again to his enterprise empire amid rising investor issues.
Musk additionally stated he was dedicated to staying on as Tesla’s chief executive for an additional 5 years, in search of to handle questions on how he has balanced his position on the automobile maker together with his involvement within the Trump administration, the place he had overseen an enormous cost-cutting effort throughout the federal forms.
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Reuters
