Musk had previously donated heavily in favor of Democratic lawmakers, per FEC filings. This includes donations to the presidential campaigns of President Joe Biden, Hillary Clinton, former President Barack Obama, and John Kerry.
Elon Musk has given to both Democrats and Republicans. He gave $990 to the Republican National Committee in January, but had previously donated to presidential campaigns of Clinton and Obama, FEC filings show.
Donations to the 10 lawmakers in the first three months of 2021 totaled $6.4 million, per new filings from the Federal Election Commission (FEC), first reported by Bloomberg. The money has come from GOP donors, conservative PACs, and even some Democrat donors, such as entrepreneur Kimbal Musk, Tesla CEO Elon Musk’s brother.
Three of the lawmakers – Kinzinger, Wyoming Rep. Liz Cheney, and Ohio Rep. Anthony Gonzalez of Ohio – had their biggest-ever quarters for political contributions, Bloomberg reported.
So far, 15 challengers have announced primary bids against the incumbents in the 2022 midterms, though one incumbent, Rep. John Katko, is currently unopposed. The challengers have collectively raised $1.9 million this year, Bloomberg reported.
Here’s how much the GOP lawmakers raised between January 1 and March 31, per the FEC:
Rep. Liz Cheney (Wyoming): $1.54 million
Rep. Adam Kinzinger (Illinois): $1.15 million
Rep. Jaime Herrera Beutler (Washington): $744,750
Rep. Anthony Gonzalez (Ohio): $616,524
Rep. Peter Meijer (Michigan): $519,741
Rep. John Katko (New York): $436,291
Rep. Tom Rice (South Carolina): $404,731
Rep. Fred Upton (Michigan): $360,392
Rep. David Valadao (California): $322,144
Rep. Dan Newhouse (Washington): $289,493
Cheney topped the list with $1.54 million in funding between January 1 and March 31, the FEC filings show. This includes $10,000 from Mitt Romney’s Believe in America PAC, and $5,600 from her father, former Vice-President Dick Cheney.
Kimbal Musk, billionaire Elon Musk’s younger brother, sold Tesla shares worth $25.6 million shares on Tuesday, according to filings registered with the Securities and Exchange Commission.
He sold 30,000 directly owned shares at an average price of $853 per share, the filings showed. The 48-year-old, who is a Tesla board member and restaurateur, still holds 599,740 shares in the company, worth roughly $483 million.
Tesla’s shares rose 743% in 2020 and are up about 14% so far in 2021.
Separately, Tesla audit committee member Antonio Gracias sold 150,747 shares in the electric-car maker at an average price of $845.36 on Tuesday, according to another filing. But Gracias replaced these positions by purchasing 150,747 call options that expire in June 2022 and 2025, with exercise prices of $52.38 and $68.56. Gracias, a board member who also serves as the chairman and CEO of Valor Equity Partners, owns 1.3 million shares in Tesla via the AJG Growth Fund, the filing showed.
Tesla executives and insiders hold about a 19.6% stake in the company, according to Bloomberg.