(Bloomberg/Gregory Korte) — Tesla Inc. Board Chair Robyn Denholm dismissed considerations that Elon Musk’s political exercise has depressed gross sales on the electrical car maker and gave him huge latitude on future electoral engagement.
“What he does from a political perspective in terms of his political motivations is up to him,” Denholm mentioned in an interview with Bloomberg Tv on Friday. “From a politics perspective, obviously we’re in a democracy, so everyone gets to voice their points of view.”
“My view is over the long term people buy things that they really love. Tesla vehicles are things people really love,” she added, noting that Musk is “front and center” on the carmaker after a number of months on the White Home.
Musk has been one of the consequential political figures of the previous two years, utilizing his appreciable wealth and his social media platform to spice up efforts to get President Donald Trump elected in 2024.
He was the only largest contributor to electioneering teams in that marketing campaign, and he used his affect to persuade Trump to create a Division of Authorities Effectivity and put him answerable for it, earlier than a risky and public falling out between the 2 billionaires.
All of that political involvement weighed on the Tesla board’s makes an attempt to renegotiate a pay bundle with Musk that led to an unprecedented $1 trillion supply disclosed final week.
Administrators acknowledged Musk’s “high public profile” and considerations politics may distract from his management, reporting that they sought “assurances that Musk’s involvement with the political sphere would wind down in a timely manner.”
–With help from Invoice Allison, Ed Ludlow and Caroline Hyde.
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Initially Printed: September 12, 2025 at 9:01 AM PDT
