Tesla’s CEO, Elon Musk, intends to allocate significantly reduced funds to upcoming political campaigns.

Tesla’s CEO, Elon Musk, has committed to reducing his political involvement and guaranteed investors of his continued leadership at the company for the coming five years. Consequently, Tesla’s stock experienced a brief upswing following his statements.

Source: https://www.euronews.com/business/2025/05/21/tesla-ceo-elon-musk-says-he-will-spend-a-lot-less-on-future-political-campaigns

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