$DOGE $BTC $SOL Musk's relationship with Trump changes, quits "Government Efficiency Department"
Musk announced his withdrawal from the Department of Government Efficiency (DOGE), which was once the representative of Trump's vision for his second term. In an interview, he expressed disappointment with the massive spending bill, saying it increased the budget deficit and undermined the achievements of the DOGE team, highlighting the differences within the Republican Party on tax and spending policies. The bill was opposed by different factions within the party when it was passed by the House of Representatives.
Last year, Musk donated more than $250 million to help Trump return to the White House, but now he is hinting at distancing himself from Trump. He had previously indicated his withdrawal from the DOGE team, announced a "significant reduction" in political donations last week, and pledged to continue leading Tesla for the next five years. During his time as head of D0GE, he pushed for massive layoffs, cut foreign aid, faced protests and boycotts, and Tesla's sales also declined. Musk defended himself by saying he was "just doing what had to be done," while Trump and his allies called the cuts necessary to clean up "fraud and waste" in federal spending.
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