#ElonMuskDOGEDeparture
🚨 Goodbye, $DOGE ! 🐕 ELON MUSK LEAVES THE WHITE HOUSE: TOO MUCH POLITICS AND TOO LITTLE SUCCESS IN CUTS? 🤯💸
Attention, Doge-fans📢 Elon Musk has confirmed his resignation from the head of the Department of Government Efficiency (#DOGE ) at the White House, admitting that the job was a "very difficult task"! 😫 His 130-day tenure as a "special employee" has come to an end, and Musk thanks President Donald Trump for the opportunity to try to "reduce superfluous spending". But the mission, it seems, was more complex than expected! 🎭
Musk confessed to The Washington Post that federal bureaucracy is "much worse" than he imagined, a "uphill battle" to try to improve things in Washington! ⛰️ He also criticized a multi-trillion-dollar Republican tax cut package, claiming it would increase the deficit! 🤯 Although DOGE claims to have saved $175 billion for taxpayers (a figure that many media outlets label as exaggerated and erroneous), this is only 8.5% of Musk's initial ambition to cut $2 trillion! 📉
In an interview, Musk admitted to having spent "too much time on politics", something that critics say has affected Tesla's performance. 🚗💨 In fact, Tesla's shares (TSLA) rose more than 5% when Musk announced he would reduce his time on DOGE, despite the company reporting an 80% drop in its net income! A clear indication of where investors want his attention to be! 🎯 Although Tesla still has 11,509 Bitcoins in its coffers, Musk's diversion of attention seems to have taken a toll on the company.
🤔 Do you think this experience will make him focus more on his companies like Tesla and SpaceX?
