Elon Musk says he will spend 'a lot less' on future campaign donations
Publishing timestamp: 2025-05-20 13:56:05
Summary
Elon Musk plans to spend "a lot less" on political donations in the future, signaling a change in attitude from his previous support for President Donald Trump. Musk spent over $250 million helping Trump win a second term and more than $19 million to help Republicans win in the 2024 election cycle. Despite his previous political spending, Musk now says he will do less in the future, but may change his mind if he sees a reason to do so.
Sentiment: NEUTRAL
Tickers: TSLA,
Keywords: elon musk, donald trump, donald j. trump, breaking news: technology, business news, elections, technology, tesla inc, breaking news: politics, autos, politics,
Source: https://www.cnbc.com/2025/05/20/elon-musk-campaign-spending-trump.html