Elon Musk Ends 130-Day White House Role Leading Government Spending Cuts
Elon Musk Ends 130-Day White House Role Leading Government Spending Cuts

Elon Musk Ends 130-Day White House Role Leading Government Spending Cuts

News summary

Elon Musk has officially ended his 130-day tenure as a special government employee leading the Department of Government Efficiency (DOGE) under President Donald Trump. During his time, Musk focused on reducing federal spending and restructuring agencies, claiming to have saved $175 billion, though these figures have been met with skepticism. His departure was unceremonious, with no formal discussion with Trump and was decided at a senior staff level. Musk publicly criticized Trump's recent multi-trillion dollar tax and spending bill, arguing it would increase the federal deficit and undermine DOGE's cost-cutting efforts. The political involvement coincided with challenges for Musk’s Tesla, which experienced a significant drop in sales and negative investor reactions. Despite his exit, Musk expressed optimism that the mission of reducing government waste would continue beyond his tenure.

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Last Updated
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