😱🔥Elon Musk Scales Back Involvement in Government Efficiency Initiative Amidst Challenges❗

Elon Musk has announced a reduction in his involvement with the Department of Government Efficiency (DOGE), citing the "mostly accomplished" mission and a need to refocus on Tesla. Initially tasked with achieving $2 trillion in government savings, DOGE has faced significant setbacks, revising its projected savings to $150 billion due to calculation errors, missed targets, and systemic issues.

The department has implemented substantial workforce reductions, reportedly eliminating over 200,000 federal jobs. These actions have triggered legal challenges regarding savings reporting and layoff procedures, as well as public protests and union opposition centered on transparency and accountability.

DOGE's long-term strategy involves self-dissolution by July 4, 2026, positioning itself as a "self-terminating" government agency. To generate revenue, the department is implementing controversial initiatives, such as a $5 million "Golden Card" visa program for wealthy immigrants.

Musk's decision to reduce his DOGE commitment stems from Tesla's declining financial performance, with profits down 71% year-over-year and a substantial drop in stock value. He will now dedicate 1-2 days per week to DOGE until the end of the current administration's term.

It is important to note that the Department of Government Efficiency (DOGE) is unrelated to the cryptocurrency Dogecoin ($DOGE), which experienced a 3.1% increase, trading at approximately $0.1793.

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