๐ฑElon Musk Leaves DOGE Role and Trumpโs Cabinet โ Refocuses on Tesla and Crypto Impactโโ
On April 30, Elon Musk announced his departure from both the Department of Government Efficiency (DOGE) and Trumpโs $TRUMP Cabinet. After a brief three-month stint in Washington, Musk is redirecting his energy toward Tesla.
โIt was an honor,โ Musk said, praising Trumpโs first 100 days as โrecord-breaking.โ
DOGE: Lofty Goals, Modest Gains
While DOGE achieved $160 billion in savings, it fell short of Muskโs ambitious $2 trillion target. Critics cited concerns over $135 billion in potential costs tied to layoffs and delays. Musk quipped, โ$160 billion, but whoโs counting?โ
Tesla Back in Focus
During Teslaโs earnings call, Musk confirmed heโll now dedicate significantly more time to the company. His exit was marked by the release of a final DOGE report.
What Comes Next?
With Musk returning to Tesla, investors and the crypto world are on high alert. Whether in electric vehicles or digital currencies, his next move could ripple across markets.