Elon Musk says his detour into governing went further than he intended and "I got a lot of flak." In a new interview with the Economist, the Tesla and SpaceX chief reflected on his brief political turn under President Trump. "I think I got a little too involved in politics," he said, per the Hill. "I got carried away, frankly." Musk poured more than $250 million into backing Trump in 2024, then briefly led the cost-cutting Department of Government Efficiency, or DOGE, an effort he says was aimed at tackling the federal deficit. The initiative triggered widespread layoffs and funding cuts before winding down after his May 2025 exit and formally closing this July 4. The backlash hit Tesla's stock and fueled a public clash with Trump over a major spending package, though the two have since publicly reconciled.
The interview was wide-ranging and also tackled artificial intelligence. "If you have vast numbers of robots with vast amounts of digital intelligence, you have a sort of a quasi-infinite economy," said Musk. "The future is going to be very, very different from the past. There's no analogy or metaphor that I think illustrates the magnitude of change that we're going to experience here." Asked how his companies would profit in this future, Gizmodo notes that the world's richest man responded that "money won't matter in 2036." He explained that logic thusly: "What do you want money for? You want money for goods and services, right? You want money for mostly food, housing, transport, entertainment," Musk said. "Well, if that is so abundant that ... the robots and AI are providing more goods and services than …any human could possibly consume, what do you need money for?" Read the full interview here.