Tesla sales 'doing well', will spend less on political campaigns: Elon Musk
The Peninsula
Doha: Tesla chief Elon Musk said on Tuesday the electric vehicle company s sales are doing well following a slump after the world s richest person d...
Doha: Tesla chief Elon Musk said on Tuesday the electric vehicle company's sales are "doing well" following a slump after the world's richest person drew backlash for helping US President Donald Trump slash the federal workforce.
"We're strong everywhere else. So sales are... doing well at this point," Musk told the 2025 Qatar Economic Forum.
"We're now back over a trillion dollars in market cap, so clearly, the market is aware of the situation, so it's already turned around."
Spend less on political campaigns
Musk said he was pulling away from spending his fortune on politics, asserting that his Tesla electric car company was doing well despite blowback due to his support of US President Donald Trump.
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