"In terms of political spending, I'm going to do a lot less in the future," the Tesla and SpaceX CEO said when asked about potential involvement in the midterms, during an interview at the Qatar Econ...

Musk, who spent more than a quarter of a billion dollars on a super PAC set up last year to primarily help Trump, sounded ambivalent about making such commitments in the cycles to come.

Shares in Tesla Inc. recently traded nearly 2% higher, even as the benchmark S&P 500 index SPX -0.40% dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and dec...