#BREAKING : ๐๐ฅ๐จ๐ง ๐๐ฎ๐ฌ๐ค ๐๐ญ๐๐ฉ๐ฌ ๐๐จ๐ฐ๐ง ๐๐ซ๐จ๐ฆ ๐๐ซ๐ฎ๐ฆ๐ฉโ๐ฌ ๐๐๐๐ข๐ง๐๐ญ & ๐๐๐๐ ๐๐๐ฉ๐ญโโ
As of April 30, Elon Musk has officially exited his role in the Trump administrationโs Department of Government Efficiency (DOGE), wrapping up a whirlwind three-month tenure. The Tesla CEO is stepping away from politics to double down on what he does best: tech, electric vehicles, and crypto innovation.
Why It Matters:
Signals a shift in Muskโs focus back to Tesla and Web3
Trumpโs meme coin $TRUMP fell 5.17% following the news
Tesla shareholders may see this as a bullish development
Inside the Exit:
During a Cabinet meeting, Musk praised the โrecord-breakingโ first 100 days. Trump thanked him for his service, to which Musk replied with signature sarcasm: โThey like to burn my cars, which is not great.โ
DOGE Department Fallout:
Reported savings: $160B (vs. $2T target)
NYT says operational disruptions may have cost $135B
Musk's limited involvement drew criticism early on
Whatโs Next:
Greater Tesla leadership involvement
Renewed energy in crypto and tech
DOGE department likely scaled back
Love him or hate him, Muskโs exit is headline-worthyโand pure Elon.