Musk Leaves Government Role, Criticizes Trump Bill

Elon Musk, who served as a special government employee leading the Department of Government Efficiency (DOGE), publicly criticized President Donald Trump's 'Big Beautiful Bill' for increasing the U.S. budget deficit by an estimated $3.8 trillion and undermining DOGE's cost-cutting efforts. In response, Trump defended the bill as a necessary compromise that included significant tax cuts. Musk, frustrated by political infighting and feeling that DOGE was scapegoated, announced his departure from the government to refocus on Tesla and SpaceX amid declining sales and market share, especially in Europe. Tesla now faces additional challenges from the proposed removal of electric vehicle tax credits and new EV taxes in the House bill. The legislation has drawn criticism from other Republicans, including Ron DeSantis, who accused the party of abandoning fiscal responsibility. Following Musk's decision to resume full-time leadership at his companies, Tesla shares rebounded, signaling investor optimism about his renewed focus.