Tesla CEO Elon Musk is getting back into politics
Tesla CEO Elon Musk is cutting big checks to the GOP for the midterm elections as he dives back into politics, Axios reports.
Students of history might remember when Tesla’s stock tanked in the first half of the year thanks in part to Musk’s political machinations with DOGE. Or when Musk’s beef with the president of the United States sent the stock down sharply — twice. Or when Musk formed a competing third political party that also hurt the stock.
When Tesla’s board of directors laid out his latest humongous pay package, which has since been approved by shareholders, they said it was “critical” that it “receive assurances that Musk’s involvement with the political sphere would wind down in a timely manner.”
At the same time, they didn’t really put any guardrails in place to make sure that happened. And here we are!
When Tesla’s board of directors laid out his latest humongous pay package, which has since been approved by shareholders, they said it was “critical” that it “receive assurances that Musk’s involvement with the political sphere would wind down in a timely manner.”
At the same time, they didn’t really put any guardrails in place to make sure that happened. And here we are!
