Overview

• Elon Musk stated at the Qatar Economic Forum that he will significantly reduce political spending, saying, 'I think I've done enough.'
• Musk plans to limit his role at the Department of Government Efficiency to one or two days per week, as his 130-day tenure as a special government employee concludes this month.
• He reaffirmed his commitment to remain Tesla's CEO for at least the next five years, emphasizing his focus on maintaining control of the company.
• Musk's political involvement, including $240 million spent on the 2024 Trump campaign, has drawn public backlash, contributing to Tesla's declining profits and stock price earlier this year.
• Despite stepping back from full-time political engagement, Musk may continue to informally advise President Trump and support Republican candidates in the 2026 midterms.