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Musk Says He’s Done Enough After Massive Political Spend

Tesla CEO Elon Musk / Screenshot

Tesla CEO Elon Musk said he plans to scale back his political spending after pouring more than $290 million into the 2024 election to help reelect President Donald Trump and support allied congressional candidates. Speaking at the Qatar Economic Forum, Musk said, “I think I’ve done enough,” and doesn’t currently see a need for more political funding.

Despite pulling back from full-time government work at the Department of Government Efficiency (DOGE), Musk remains closely tied to the Trump administration and continues to advise the White House. He’s also facing scrutiny over perceived conflicts of interest involving Starlink and U.S. contracts.

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