Tesla CEO Elon Musk says he&#x27s not donating funds to Trump or Biden

Tesla CEO Elon Musk says he&#x27s not donating funds to Trump or Biden


Elon Musk, main government officer of Tesla, at the Viva Tech good in Paris, France, on Friday, June 16, 2023.

Nathan Laine | Bloomberg | Getty Images

Tesla CEO Elon Musk claimed Wednesday he will not donate to the strategies of both President Joe Biden or former President Donald Trump.

“Just to be tremendous apparent, I am not donating cash to either applicant for US President,” Musk stated in a publish on his social media web page X.

Musk’s tweet arrived a working day after The New York Situations described that previous weekend he satisfied with Trump and what the newspaper referred to as a number of rich Republican donors, in Palm Seashore, Florida. The previous president’s dwelling, in his Mar-a-Lago club, is in Palm Seaside.

Musk is just one of the wealthiest persons in the entire world, with an believed net worthy of of $195 billion, in accordance to Forbes.

Musk, who also heads SpaceX, could help Trump or Biden in strategies other than a direct donation to their campaigns.

He could, for occasion, donate to a political motion committee backing either contender.

Any main donation he can make could have a major impact on a candidate’s marketing campaign.

Musk did not respond to an e mail searching for remark on whether he ideas to give to a professional-Biden or pro-Trump PAC.

Even with Musk’s habit of getting political stances on social media, he is not a major, frequent donor to campaigns.

Musk all through the 2018 midterm election cycle made a series of contributions to Republican and Democratic committees supporting candidates for Congress for $33,900 apiece.



Supply

UK inflation hits hotter-than-expected 3.6% in June
World

UK inflation hits hotter-than-expected 3.6% in June

A one pound price label in bowls of produce on a grocery stall at East Street Market in London, UK, in spring 2024. Bloomberg | Bloomberg | Getty Images The U.K.’s annual inflation rate hit a hotter-than-expected 3.6% in June, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled […]

Read More
Chinese toymaker Pop Mart shares slide despite strong earnings forecast
World

Chinese toymaker Pop Mart shares slide despite strong earnings forecast

The global flagship store of Pop Mart, a Chinese toymaker and seller, at Nanjing Road Pedestrian Street on Aug. 16, 2022, in Shanghai, China. Vcg | Visual China Group | Getty Images Shares in Pop Mart International tumbled over 6% on Wednesday after the toymaker issued a bullish first-half earnings forecast. The Beijing-headquartered company is […]

Read More
CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good
World

CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good

People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens […]

Read More