๐ฑ๐ฑ๐๐ฅ๐จ๐ง ๐๐ฎ๐ฌ๐ค ๐๐ฑ๐ข๐ญ๐ฌ ๐๐ซ๐ฎ๐ฆ๐ฉโ๐ฌ ๐๐๐๐ข๐ง๐๐ญ, ๐๐๐๐จ๐๐ฎ๐ฌ๐๐ฌ ๐จ๐ง ๐๐๐ฌ๐ฅ๐ ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐งโโ
In a move that surprised few but still drew national attention, Elon Musk has officially stepped down from his role in the U.S. Department of Government Efficiency (DOGE) and President Trumpโs $TRUMP Cabinet. The announcement came during an April 30 White House meeting, where Musk confirmed he will be refocusing almost entirely on his core ventures, including Tesla and SpaceX.
โItโs been an honor to work with your incredible Cabinet,โ Musk said, praising the administrationโs first 100 days as โhistoric.โ He highlighted that despite bold initial goals, DOGE delivered $160 billion in savingsโwell short of the $2 trillion projected. Critics noted $135 billion in associated costs, but Trump defended Muskโs efforts, calling them a sacrifice.
Hints of Muskโs shift had already emerged during a recent Tesla earnings call, where he stated heโd reduce his government involvement to โa day or two per week.โ While he wonโt leave DOGE entirely, Musk made it clear his primary focus will now return to his companies and innovation in the private sector.
As Musk returns to Tesla and potentially reengages with crypto and blockchain initiatives, the tech and finance world is watching to see where his influence will land next.