"I think in terms of political spending, I'm going to do a lot less in the future," billionaire Elon Musk said.

Elon Musk ends his role in President Donald Trump's DOGE, but his political influence and controversial government cuts continue to impact national politics and upcoming elections.

Musk, the richest person on Earth, spent hundreds of millions of dollars to help Trump win the 2024 presidential election, and questions were rife in Washington whether his largesse would continue

Elon Musk, who was the biggest presidential campaign donor in 2024, said on Tuesday that he plans to scale back his political spending ... effort has drawn intense scrutiny from researchers ...

As he retreats from Washington, Elon Musk says he will spend “a lot less” on politics. Close advisers say he is eager to return to prior obsessions.

The American company’s EU sales decreased by over 50% in April, even as the overall electric auto market in the region kept growing In figures published Tuesday by the European Automobile Manufacturers’ Association (ACEA),

CEO of Tesla, Elon Musk has publicly committed to remaining at the helm of the electric vehicle giant for at least the next five years.

Elon Musk's influence at the White House appeared to wane amid complaints from cabinet members about his approach. He also faced pressure from shareholders worried that his political role was becoming a liability for his companies.

Musk's tenure in government was characterised by bold budget cut proposals, major layoffs, and strong political backlash. Musks time in Washington attracted intense media scrutiny and sparked ethical concerns,

While Musk first refused to talk politics with "CBS Sunday Morning," it didn't take him long to start airing his grievances.