🚨Breaking: Musk 'Logs Out' of US Politics, Surrounds Reduce by 150 Billion USD
Today, Elon Musk confirmed he has ended his role as advisor to the 'Government Waste Reduction Department' (DOGE) under President Trump.
The project was launched with the goal of cutting $2 trillion in spending, ultimately bringing in only about $150 billion after multiple adjustments. On platform X, Musk emphasized: 'I thank President Trump for the opportunity to clean up spending. DOGE is not just a project, but a lifestyle.'
However, he openly criticized Trump's tax cut bill for creating a budget deficit, while reacting strongly when the administration wanted to eliminate tax incentives for clean energy – a move that directly affects Tesla's interests.
The DOGE journey lasting more than a year has caused tens of thousands of civil servants to lose their jobs and some bureaucratic agencies to collapse. Despite having closed many systems, the actual savings do not correspond to the initial claims. Musk self-styled as 'Chief Nothing Officer' but is under pressure to 'act as a contractor while intervening in the state apparatus.' The market's reaction was immediate: Tesla's stock price dropped to a three-year low, BYD rose to the top, forcing leadership to find ways to stabilize investor sentiment.
The decision to withdraw reflects Musk's 'not office appropriate' personality. He maintains an eccentric demeanor by choosing to focus on technology projects rather than overloading on policy. This can be seen as a strategic retreat to reinforce core values amid public opinion storms.