00:00And Elon Musk said on Tuesday he plans to significantly cut political spending and is committed to staying on as Tesla's CEO for another five years, aiming to address concerns about balancing his role at The Automaker with his involvement in the Trump administration.
00:17Musk's comments at an economic forum in Qatar could have large implications for next year's midterm elections as he has been Republican political mega-donor.
00:27Hello, Chair Price. Well, tell me then how committed you are to Tesla. Do you see yourself and are you committed to still being the chief executive of Tesla in five years' time?
00:41Yes. And I'm not someone who's ever committed violence. And yet, massive violence was committed against my companies. Massive violence was threatened against me.
00:52Who are these people? Why would they do that? How wrong can they be? They're on the wrong side of history. And that's an evil thing to do. In terms of political spending, I'm going to do a lot less in the future.
01:09And why is that?
01:12I think I've done enough.
01:13Musk, who also leads other companies including rocket maker SpaceX, reiterated that the satellite internet service Starlink might go public at some point in the future.
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