Elon Musk pledges to contribute $45M a month to Trump campaign: Report

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Published 2024-07-16
Tesla (TSLA) CEO Elon Musk has reportedly pledged to contribute $45 million per month over the next several months to boost Donald Trump's campaign, according to a Wall Street Journal report. The funds are going to a pro-Trump super PAC called America PAC.
Yahoo Finance senior columnist Rick Newman breaks down the details of how these funds are likely to be allocated and explores how Musk's evolving political stance could impact Tesla sales.
#news #Trump #youtube

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All Comments (21)
  • @nakedrabrandon
    It is very hard to see project which can be used in real life like XAI86K 🥳🥳🥳
  • @lygemala
    Thanks for the advice! Got XAI86K, feeling bullish! 🚀
  • @dangkarely
    Thanks for sharing NVIDIA and XAI86K. 💯
  • @ZefTillDeath8878
    I came here to laugh at the hateful comments and I wasn't disappointed.
  • It's hilarious how there is a campaign contribution limit... Unless you're super rich.
  • @percywhite9434
    Just because you can do something doesn't mean you should. I believe donations should have a cap per-person. He appears to root for Trump as a result of Biden blocking him in the EV market. If he does advocate for Trump, I understand.
  • @wazup3333
    In other words, musk turns into lobbyist.
  • @user-hc7gj6dx4d
    And to think Trump telling everyone not to buy your electric cars that they are worthless! 😂😂😂
  • @JoshTurner-os9ti
    I didn't realize Yahoo was still a thing. What a waste of 5 min of my life.
  • @rodeanabean4019
    Elon, could you do a matching donation for homeless, hungry, old, sick, people etc?
  • They should take money outta politics and make it about politics not who has the most cash. Make travel free for hopefuls.
  • @kshobos
    Billionaires supporting billionaires.
  • I would think 'Yahoo Finance' would understand the importance of media access. Musk has been donating like a billion a month to Republican politics for years now.
  • @John-zn4lp
    Aren't there donation limits, or do we still let the rich buy our candidates and country?
  • @llll-cq4zn
    Nonsense about Tesla, people just don't want electric vehicles, I have one, my friends have one and it's a piece of junk because you have to keep charging it and charging it you can't make long trips without stopping very 150 miles or so and especially in California very limited number of stations in certain areas and you have to wait in line before you could charge the car because there is too many cars and very few charge stations, Tesla at least has the most but other manufacture have almost none to 0, that is the reason people don't wanna electric cars not because Tesla Musk. Other manufacturer can't sell any of their cars I don't know what this dude is talking about ,he needs to educate himself before he goes on the Yahoo finance and talk this nonsense. He forgot to mention not very smart Newsom new law of buying electric vehicles by certain year, and then Newsome tells everybody do not charge during the day what a dumb person....