Politics and Government
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Elon Musk retreats from politics, refocuses on Tesla and Mars as backlash mounts


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Published in Politics and Government on by Moneycontrol   Print publication without navigation

After spending nearly $300 million to back Trump and reshape Washington, Musk signals he's stepping back amid growing personal, political, and financial fallout.

Elon Musk has announced his retreat from political activities to focus on Tesla and his Mars ambitions amid growing backlash over his political endorsements and statements. Previously vocal about his political views, Musk's recent decisions, including endorsing certain political figures and making controversial statements, have led to significant criticism and a decline in Tesla's stock value. In response, Musk has decided to step back from the political arena to concentrate on his core businesses, particularly Tesla's production and innovation, as well as his long-term goal of establishing a human colony on Mars. This shift in focus comes as Tesla faces increased competition and operational challenges, prompting Musk to prioritize his companies' stability and growth over political engagement.

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[ https://www.moneycontrol.com/world/elon-musk-retreats-from-politics-refocuses-on-tesla-and-mars-as-backlash-mounts-article-13044624.html ]

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