Related News

America’s top vaccine regulator resigns over anti-vax health secretary

America’s top vaccine regulator resigns over anti-vax health secretary

March 29, 2025
British woman allegedly raped by man in Delhi hotel room

British woman allegedly raped by man in Delhi hotel room

March 13, 2025
MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

April 23, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

Related News

America’s top vaccine regulator resigns over anti-vax health secretary

America’s top vaccine regulator resigns over anti-vax health secretary

March 29, 2025
British woman allegedly raped by man in Delhi hotel room

British woman allegedly raped by man in Delhi hotel room

March 13, 2025
MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

April 23, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
CONTRIBUTE
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
IIHS NEWS - AI Curated content
No Result
View All Result
Home Breaking News

Musk says he will remain Tesla CEO and plans to cut back on political spending

Sarah Taylor by Sarah Taylor
May 20, 2025
in Breaking News, US News, World
0
Musk says he will remain Tesla CEO and plans to cut back on political spending
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Elon Musk has said he is committed to remaining as Tesla’s chief executive for at least five years, as the electric carmaker faces pressure from consumers and the stock market over his work with Donald Trump’s government.

You might also like

Trump announces Golden Dome defence project – confirming US plans to put weapons in space

British doctor in Gaza describes horror as people starve – and tells world leaders to ‘do something’

Premier League star describes impact of ‘attack’ on his home as family of burglars jailed

The world’s richest man said he will cut back on political spending after heavily backing the US president last year.

During a video appearance at the Qatar Economic Forum hosted by Bloomberg, a moderator asked: “Do you see yourself and are you committed to still being the chief executive of Tesla in five years’ time?”

Musk responded: “Yes.”

The moderator added: “No doubt about that at all?”

Musk chuckled and replied: “I can’t be still here if I’m dead.”

Tesla has borne the brunt of the outrage against Musk over his work with Mr Trump as part of his Department of Government Efficiency (DOGE), which implemented cuts across the US federal government.

Asked if the reaction made him think twice about his involvement in politics, Musk said: “I did what needed to be done.

“I’m not someone who has ever committed violence and yet massive violence was committed against my companies, massive violence was threatened against me.”

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

Please use Chrome browser for a more accessible video player

Musk spent at least 250 million dollars (£187m) supporting Mr Trump in the presidential campaign, and even held some of his own campaign rallies.

“I’m going to do a lot less in the future,” Mr Musk said. Asked why, he responded: “I think I’ve done enough.”

And he added: “Well, if I see a reason to do political spending in the future, I will do it. I do not currently see a reason.”

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

Be the first to get Breaking News

Install the Sky News app for free

Aspirations to build ‘billions of humanoid robots’

It comes after a Tesla pay package Musk was due, once valued at $56bn (£41.8bn) was stopped by a judge in Delaware.

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

Listen to The World with Richard Engel and Yalda Hakim every Wednesday

But he acknowledged his Tesla pay was part of his consideration about staying with Tesla, though he also wanted “sufficient voting control” so he “cannot be ousted by activist investors”.

“It’s not a money thing, it’s a reasonable control thing over the future of the company, especially if we’re building millions, potentially billions of humanoid robots,” he added.

Read Entire Article
Tags: Breaking NewsSkynewsUS
Share30Tweet19
Sarah Taylor

Sarah Taylor

Recommended For You

Trump announces Golden Dome defence project – confirming US plans to put weapons in space

by Sarah Taylor
May 20, 2025
0
Trump announces Golden Dome defence project – confirming US plans to put weapons in space

Donald Trump has announced the concept for his Golden Dome missile defence system – which includes plans for the US put weapons in space for the first time.

Read more

British doctor in Gaza describes horror as people starve – and tells world leaders to ‘do something’

by Sarah Taylor
May 20, 2025
0
British doctor in Gaza describes horror as people starve – and tells world leaders to ‘do something’

A British doctor working in Gaza has urged world leaders to "stop talking and do something" as he described how people are starving and the "massive extent of...

Read more

Premier League star describes impact of ‘attack’ on his home as family of burglars jailed

by Sarah Taylor
May 20, 2025
0
Premier League star describes impact of ‘attack’ on his home as family of burglars jailed

A family of burglars who raided the home of Premier League footballer Alexander Isak have been jailed.

Read more

Suspension of trade talks a political signal that Israeli leadership is increasingly isolated

by Sarah Taylor
May 20, 2025
0
Suspension of trade talks a political signal that Israeli leadership is increasingly isolated

The UK has suspended trade talks with Israel, in protest at what David Lammy called the "intolerable" conditions in Gaza, which he said would leave the population at...

Read more

Police investigating after partial human remains are found

by Sarah Taylor
May 20, 2025
0
Police investigating after partial human remains are found

Police are investigating after partial human remains were discovered in Wisbech.

Read more
Next Post
Premier League star describes impact of ‘attack’ on his home as family of burglars jailed

Premier League star describes impact of 'attack' on his home as family of burglars jailed

Leave a Reply Cancel reply

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

Related News

America’s top vaccine regulator resigns over anti-vax health secretary

America’s top vaccine regulator resigns over anti-vax health secretary

March 29, 2025
British woman allegedly raped by man in Delhi hotel room

British woman allegedly raped by man in Delhi hotel room

March 13, 2025
MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

MMA fighter ‘Italian Stallion’ jailed for 15 years in drugs and firearms bust

April 23, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS – AI Curated content

IIHS.NEWS will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Blockchain Breaking News Business Entertainment Health Care Insidebitcoins newsbtc Politico Skynews Techcrunch Technology UK US USMagazine Variety World

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.