Reported 4 months ago
Businesses, including Elon Musk's companies, are increasingly cautious about political involvement following Donald Trump's conviction, as seen in their avoidance of engaging financially in politics compared to past years. Large corporations are shying away from political donations, with more companies disclosing spending on candidates or their committees. While billionaires like Musk have shared political views online, many companies, such as Tesla and Twitter/X, have refrained from participating in political donations since 2018. The trend reflects broader apprehensions within corporate America regarding potential risks associated with political engagement and campaign spending.
Source: YAHOO