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flag Elon Musk, world's richest, pledges to cut political spending amid Tesla brand damage.

flag Elon Musk, the world's richest person and Tesla CEO, has announced he will significantly reduce his political spending following his support for former President Donald Trump. flag Musk's decision comes after his political endorsements, including backing a candidate in Wisconsin’s Supreme Court race, led to brand damage and protests against Tesla. flag Despite the shift, Musk noted he may still engage if he sees a reason to do so in the future. flag Tesla's stock saw a minor rise after the announcement.

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