Elon Musk Officially Resigns from D.O.G.E, Trump Praises and Awards
Elon Musk officially resigned from the Department of Government Efficiency (D.O.G.E), marking a significant change in the efforts to reduce federal spending. Nevertheless, during a press conference in the Oval Office on Friday (30/05), the atmosphere felt positive and Trump praised Musk for the fantastic work he has done.
During his tenure, D.O.G.E successfully cut around 260,000 federal jobs or 12% of the total government employees. However, the initial savings target of US$2 trillion was eventually lowered to US$150 billion as it was deemed too optimistic.
Trump presented Musk with a golden key as an award, which he stated is only given to special individuals. Musk also stated that he would continue to advise the president, and Trump emphasized that Musk is not completely leaving his position.
Political responses have varied, with concerns that budget reform will lose momentum. Some parties doubt the effectiveness of future budget cuts without Musk's direct leadership.
Musk's decision to refocus on Tesla's core business has positively impacted the company's stock, although Tesla's net income has decreased. Musk's resignation highlights the significant challenges in managing government efficiency amid high budgetary pressures.
