Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving.

Rep. Greg Casar (D-Texas) urged fellow Democrats to continue publicly calling for Elon Musk’s ouster from government, even as he takes a step back to refocus on his companies. “Elon Musk isn’t

Billionaire says he has ‘done enough’ but will be missed in Washington by politicians on both sides of the aisle

Elon Musk said he plans to cut back on political spending, saying he has “done enough". The comments come just a few weeks after he said he would step back from leading the controversial White House effort to slash federal spending,

Billionaire and head of the U.S. Department of Government Efficiency (DOGE) Ilon Musk has said he will cut back on his political donations - thereby dealing a blow to the Republican Party from which current President Donald Trump was elected. This was reported on May 20 by Vloomberg.