Elon Musk Cuts Political Spending Amid EU Funding Controversy

Elon Musk has announced plans to reduce his political spending and focus more on managing his business empire, including Tesla, despite his significant past involvement in American politics and the Trump administration. While Musk claims to have done enough politically, experts note that his influence remains substantial due to his control over digital platforms like X and his business ties to federal contracts. Musk’s companies continue to receive large-scale funding from governments, such as Tesla securing over €150 million from the European Union to expand electric vehicle infrastructure and SpaceX winning contracts for satellite launches, which has sparked criticism within the EU. Despite some decline in Tesla's sales in Europe, Musk remains optimistic about the company’s performance globally. Meanwhile, political commentators argue that Democrats should reconsider alienating Musk, who was once a lifelong Democrat and major supporter of figures like Obama and Biden, as his contributions to technology and innovation could be valuable. However, Musk’s right-wing associations and political maneuvers have made his reintegration into the Democratic Party challenging.