Good morning. Elon Musk announced yesterday that he plans to spend a “lot less” on political campaigns going forward. Tesla investors rejoiced when Musk stepped away from Doge a few weeks ago, sending shares up more than 5 per cent. But they did not react much this time; Tesla shares inched up just 0.5 per cent on Tuesday. The benefits of having an engaged Musk appear to be priced in. Email us: unhedged@ft.com.
早上好。埃隆?馬斯克(Elon Musk)昨日宣布，今后他計劃在政治競選上花費“少得多”。幾周前，馬斯克退出Doge時，特斯拉(Tesla)投資者歡欣鼓舞，股價一度上漲超過5%。但這次市場反應平淡；特斯拉股價周二僅微漲0.5%。看來，馬斯克積極參與所帶來的利好已經被市場消化。如有意見，請發郵件至：unhedged@ft.com。
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