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You are at:Home»Tech»Elon Musk says he will remain Tesla CEO and plans to reduce political expenses | US messages
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Elon Musk says he will remain Tesla CEO and plans to reduce political expenses | US messages

Nana MediaBy Nana MediaMay 20, 20252 Mins Read
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Elon Musk says he will remain Tesla CEO and plans to reduce political expenses | US messages
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Elon Musk’s Commitment to Tesla

Elon Musk said that he was committed to being Tesla’s managing director for at least five years, as the electric car manufacturer is exposed to consumers and the stock market about his work with Donald Trump’s government. The richest man in the world said he would reduce the political expenses after a strong background of supporting The US President last year.

Musk’s Response to Criticism

During a video appearance in the Qatar Economic Forum, which Bloomberg is organizing, a moderator asked: "Do you see yourself and are obliged to be the managing director of Tesla in five years?" Musk replied: "Yes." The moderator added: "No doubt about it?" Musk chuckled and replied: "I can’t still be here when I’m dead."

Political Involvement

Tesla wore the main burden of outrage against Musk about his work with Mr. Trump as part of his Ministry of Government Efficiency, which carried out cuts in the US government. When asked whether the reaction had him thought twice about his participation in politics, Musk said: "I did what had to be done. I am not someone who has ever committed violence, and yet massive violence against my companies was committed, massive violence was threatened against me." He added: "Don’t worry: we’ll come for you."

Future Political Involvement

Musk spent at least $250 million to support Mr. Trump in the presidential campaign, and even organized some of his own campaign ranges. "I will do much less in the future," said Musk. When asked why, he replied: "I think I did enough." And he added: "Well, if I see a reason to make political editions in the future, I will do it. I am currently seeing no reason."

Tesla and Future Plans

After a Tesla pay package Musk has been due, a value of $56 billion was stopped by a judge in Delaware. Musk referred to the decision and recognized that his wages from Tesla were part of his consideration about staying at Tesla, although he also wanted "sufficient voting control" so that he could not be "suppressed by activist investors." He added that it is not a matter of money, but a reasonable control over the future of the company, especially if they build millions, possibly billions of humanoid robots.

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