Wednesday, May 21, 2025

Musk says will Spend 'a lot less' on Political Campaigns

Billionaire Elon Musk on Tuesday said he was pulling away from spending his fortune on politics, asserting that his Tesla electric car company was doing well despite blowback due to his support of US President Donald Trump.

Posted by LampLighter at 09:34 AM | 15 COMMENTS | permalink

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Elon Musk said he is cutting back on political spending. He poured over $290 million into the 2024 election. "I think I've done enough," he said at the Qatar Economic Forum.

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-- Politico (@politico.com) May 20, 2025 at 11:30 AM

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More from the article ...

... "In terms of political spending, I'm going to do a lot less in the future," Musk told Bloomberg's Qatar Economic Forum in Doha, speaking by video link from Austin, Texas.

Musk, the richest person on Earth, spent hundreds of millions of dollars on Trump's political campaign, and questions were rife in Washington whether his largesse would continue.

"If I see a reason to do political spending in the future, I will do it. I don't currently see a reason," he said in the often tense interview. ...


#1 | Posted by LampLighter at 2025-05-21 12:26 AM


So, is Mr Musk implicitly admitting that everything Pres Trump touches, dies?



#2 | Posted by LampLighter at 2025-05-21 12:27 AM

Well he got what he wanted.

He wanted all the investigations into his companies killed.
He wanted departments that oversee his companies killed.
He wanted more government contracts to replace workers and departments that he shut down.

#3 | Posted by Nixon at 2025-05-21 07:04 AM

That's good news. Me? I'm going to spend a lot less on Teslas.

#4 | Posted by Jaspar at 2025-05-21 11:44 AM

"I think I've done enough," he said

For once, I agree with him.

#5 | Posted by Whatsleft at 2025-05-21 12:23 PM

Got picked up via Uber in a BYD today. Tesla is toast.

#6 | Posted by LegallyYourDead at 2025-05-21 12:23 PM

Musk got everything a corrupt, fascist, bigoted billionaire could want.

#7 | Posted by Whatsleft at 2025-05-21 12:24 PM

Hopefully, he'll be broke in a couple of years, when those margin calls come in.

#8 | Posted by chuffy at 2025-05-21 10:37 PM

Well he got what he wanted.

He did. He bought the Presidency. He can "spend a lot less", and still primary any Republican Congressman that gets out of line.

#9 | Posted by REDIAL at 2025-05-21 11:48 PM

Well he got what he wanted.

He got what he paid for.

#10 | Posted by donnerboy at 2025-05-22 11:14 AM

He did. He bought the Presidency. He can "spend a lot less", and still primary any Republican Congressman that gets out of line.

#9 | Posted by REDIAL at 2025-05-21 11:48 PM | Reply | Flag:
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Sure, had nothing to do with 4 years of trashing this country by Democrats and an administration with a weekend at Bernies president and a replacement who was clueless with a VP candidate that everytime he spoke looked like he was getting stung by bees. Oh no, it was Musk's money to won the election. It was the Dem's fault they got totally smoked. Electoral, popular, all the swing states, the house and the senate. Icing on the cake was the Dem's blowing a billion in 3 months, typical way they handle finances. Idiots.

#11 | Posted by fishpaw at 2025-05-22 03:37 PM

"Sure, had nothing to do with 4 years of trashing this country by Democrats"

What got trashed?
???

#12 | Posted by snoofy at 2025-05-22 03:40 PM

Icing on the cake was the Dem's blowing a billion in 3 months, typical way they handle finances. Idiots.

#11 | Posted by fishpaw

How many casinos has trump bankrupted again?

He had to start laundering money for russia once his credit was worthless everywhere else.

#13 | Posted by SpeakSoftly at 2025-05-22 03:47 PM

Oh no, it was Musk's money to won the election.

Good that you agree. If Elon wanted Harris to win, she would have.

#14 | Posted by REDIAL at 2025-05-22 03:59 PM

#11 | POSTED BY FISHPAWN

Is that angry rant of a word salad supposed to mean anything.

Meanwhile. Keep cheering on Trump accepting bribes from foreign nations as Republicans cut Medicare in order to hand billionaires another tax cut.

You ------- idiot.

#15 | Posted by ClownShack at 2025-05-22 04:22 PM

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