'I’ve done enough': Elon Musk says he will cut back on political spending

Elon Musk announced on Tuesday that he plans to scale back his political donations going forward, saying he has no current plans to spend at the same level he did during the 2024 election cycle.

Speaking at the Qatar Economic Forum, the Tesla CEO was asked whether he would continue contributing heavily to political campaigns. "I think, in terms of political spending, I’m going to do a lot less in the future,” Musk said. When pressed, he explained, “I think I’ve done enough.”

“Well, if I see a reason to do political spending in the future, I will do it,” Musk continued, adding, “I do not currently see a reason.” He also addressed the violence that has been directed at Tesla as he has been working with the Trump administration.
 

Elon Musk: “I’m not someone who has ever committed violence, and yet massive violence was committed against my companies, massive violence was threatened against me. Who are these people? … They’re on the wrong side of history.”

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— The Post Millennial (@TPostMillennial) May 20, 2025