Monday, June 23, 2025
  • Home
  • Breaking News
  • Politics & Governance
  • Business & Economy
  • Science & Technology
  • Health & Lifestyle
  • Arts & Culture
Spluk.ph
No Result
View All Result
Spluk.ph
No Result
View All Result
Home Science & Technology

Elon Musk says he will remain Tesla CEO and plans to cut back on political spending | US News

Spluk.ph by Spluk.ph
May 21, 2025
in Science & Technology
0 0
0
Elon Musk says he will remain Tesla CEO and plans to cut back on political spending | US News
Share on FacebookShare on Twitter


Elon Musk has mentioned he’s dedicated to remaining as Tesla’s chief govt for at the least 5 years, as the electrical carmaker faces stress from customers and the inventory market over his work with Donald Trump’s authorities.

The world’s richest man mentioned he’ll in the reduction of on political spending after closely backing the US president final yr.

Throughout a video look on the Qatar Financial Discussion board hosted by Bloomberg, a moderator requested: “Do you see your self and are you dedicated to nonetheless being the chief govt of Tesla in 5 years’ time?”

Musk responded: “Sure.”

The moderator added: “Little question about that in any respect?”

Musk chuckled and replied: “I am unable to be nonetheless right here if I am lifeless.”

Tesla has borne the brunt of the outrage towards Musk over his work with Mr Trump as a part of his Division of Authorities Effectivity (DOGE), which applied cuts throughout the US federal authorities.

Requested if the response made him suppose twice about his involvement in politics, Musk mentioned: “I did what wanted to be accomplished.

“I am not somebody who has ever dedicated violence and but huge violence was dedicated towards my firms, huge violence was threatened towards me.”

He added: “Don’t fret: We’re coming for you.”

Please use Chrome browser for a extra accessible video participant


Elon Musk wears a cheese hat as he holds a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin.
Pic: Reuters

1:01

Musk pulls again from D.O.G.E. position

Musk spent at the least 250 million {dollars} (£187m) supporting Mr Trump within the presidential marketing campaign, and even held a few of his personal marketing campaign rallies.

“I will do loads much less sooner or later,” Mr Musk mentioned. Requested why, he responded: “I believe I’ve accomplished sufficient.”

And he added: “Properly, if I see a motive to do political spending sooner or later, I’ll do it. I don’t presently see a motive.”

Learn extra:
US has a red line in Ukraine-Russia talks, says Trump
King writes to Biden after he reveals cancer diagnosis

Aspirations to construct ‘billions of humanoid robots’

It comes after a Tesla pay bundle Musk was due, as soon as valued at $56bn (£41.8bn) was stopped by a choose in Delaware.

Musk referred to chancellor Kathaleen St Jude McCormick as an “activist who’s cosplaying a choose in a Halloween costume”.

Follow The World
Comply with The World

Take heed to The World with Richard Engel and Yalda Hakim each Wednesday

Tap to follow

However he acknowledged his Tesla pay was a part of his consideration about staying with Tesla, although he additionally wished “ample voting management” so he “can’t be ousted by activist buyers”.

“It isn’t a cash factor, it is a affordable management factor over the way forward for the corporate, particularly if we’re constructing tens of millions, probably billions of humanoid robots,” he added.



Source link

Tags: CEOcutElonMusknewsplanspoliticalremainspendingTesla
Spluk.ph

Spluk.ph

Next Post
For years, snakes bit him. His blood may help create a new antivenom : Short Wave : NPR

For years, snakes bit him. His blood may help create a new antivenom : Short Wave : NPR

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
How the US economy lost its aura of invincibility

How the US economy lost its aura of invincibility

March 14, 2025
The Last Decision by the World’s Leading Thinker on Decisions

The Last Decision by the World’s Leading Thinker on Decisions

March 15, 2025
Could Talks Between Sotheby’s and Pace Gallery Signal a New Era for the Art Market?

Could Talks Between Sotheby’s and Pace Gallery Signal a New Era for the Art Market?

March 15, 2025
Former Philippine president Rodrigo Duterte arrested on ICC warrant

Former Philippine president Rodrigo Duterte arrested on ICC warrant

March 11, 2025
Chaotic start to Donald Trump’s energy policy is talk of major industry conference

Chaotic start to Donald Trump’s energy policy is talk of major industry conference

0
Optimizing Administrative Processes Can Transform Patient Access

Optimizing Administrative Processes Can Transform Patient Access

0
Rashid Johnson Models Gabriela Hearst’s Latest Fashion Line

Rashid Johnson Models Gabriela Hearst’s Latest Fashion Line

0
Zelensky Meets With Saudi Crown Prince Before U.S.-Ukraine Talks

Zelensky Meets With Saudi Crown Prince Before U.S.-Ukraine Talks

0
Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

June 23, 2025
Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

June 23, 2025
Could life exist on one of Jupiter’s moons?

Could life exist on one of Jupiter’s moons?

June 23, 2025
Apollo-backed Athora eyes £5bn deal for Pension Insurance Corporation | Money News

Apollo-backed Athora eyes £5bn deal for Pension Insurance Corporation | Money News

June 23, 2025

Recommended

Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

June 23, 2025
Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

June 23, 2025
Could life exist on one of Jupiter’s moons?

Could life exist on one of Jupiter’s moons?

June 23, 2025
Apollo-backed Athora eyes £5bn deal for Pension Insurance Corporation | Money News

Apollo-backed Athora eyes £5bn deal for Pension Insurance Corporation | Money News

June 23, 2025

Recent News

Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

Trump was ‘simply raising a question’ on Iran regime change, press secretary claims – US politics live | Donald Trump

June 23, 2025
Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

Climate Activist Hurls Paint at Picasso Painting at Montreal Museum

June 23, 2025
Could life exist on one of Jupiter’s moons?

Could life exist on one of Jupiter’s moons?

June 23, 2025

Categories

  • Arts & Culture
  • Breaking News
  • Business & Economy
  • Health & Lifestyle
  • Politics & Governance
  • Science & Technology

Tags

Administration America American Americas Art Big China climate Court cuts data day Deal Delight Donald economy Elon government Health House live Money Musk news NPR people Politics Reveals Review Science Scientists study Talks tariff tariffs Tech Trade Trump Trumps U.S Ukraine war Wit world years
  • About us
  • About Chino Hansel Philyang
  • About the Founder
  • Privacy Policy
  • Terms & Conditions

© 2025 Spluk.ph | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Breaking News
  • Politics & Governance
  • Business & Economy
  • Science & Technology
  • Health & Lifestyle
  • Arts & Culture

© 2025 Spluk.ph | All Rights Reserved