Elon Musk said he¡¯s committed to still leading Tesla five years from now and expects to pare back his political spending, assuaging some investors¡¯ concerns about the future of his most valuable company.
The billionaire offered new details about his plans in a wide-ranging interview that also touched on his compensation, Tesla¡¯s sliding sales and a possible spinoff of SpaceX¡¯s Starlink satellite business. Musk repeated his criticisms of a familiar cast of characters, from Bill Gates to the Delaware judge who¡¯s twice ruled against his massive Tesla pay package.
Musk, whose $375.5 billion fortune leads the Bloomberg Billionaires Index, reiterated that he wants to own more shares of Tesla for reasons of authority, rather than wealth.
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