Trump Announces Elon Musk Exit From Government Efficiency Role
Trump Announces Elon Musk Exit From Government Efficiency Role

Trump Announces Elon Musk Exit From Government Efficiency Role

News summary

Elon Musk is concluding his official role as head of the Department of Government Efficiency (DOGE) in the Trump administration, reaching the legal limit of 130 days for his special government employee designation. President Trump announced a press conference with Musk at the Oval Office to mark his departure but hinted that Musk would continue to support the administration in some capacity. During his tenure, DOGE claimed to have saved $175 billion through spending cuts, asset sales, and fraud crackdowns, although some critics questioned the calculations and the impact of Musk's efforts. Musk expressed frustration with the federal bureaucracy and the political pushback he faced, including criticism from Democrats and disapproval of Trump’s $3.8 trillion spending plan. Despite stepping back from government duties, Musk is refocusing on his businesses, particularly Tesla and his AI company xAI, with Wall Street showing renewed optimism for Tesla’s future. Both Musk and Trump maintain a respectful relationship, with speculation that Musk may return to a government role or influence in the future.

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