Elon Musk leaving role in the Trump administration
- On May 29, 2025, Elon Musk confirmed he is concluding his tenure in a government role connected to efficiency efforts within a federal agency known as DOGE.
- Musk's resignation came shortly after he sharply condemned a Republican tax-cutting bill, arguing that it worsens the federal budget shortfall and hampers DOGE’s efforts to reduce government waste.
- During his tenure, Musk aimed to cut $1 trillion from the federal budget and announced anticipated savings of $150 billion for fiscal year 2026 by reducing waste and fraud.
- Musk said DOGE became the ‘whipping boy’ for political backlash, and Tesla faced global protests and a 20% year-over-year revenue decline partly linked to his political involvement.
- Musk's exit could improve market sentiment for Tesla as analysts view his focus shift back to the company as positive amid challenges in sales and competition.
162 Articles
162 Articles
Brooks and Capehart on Elon Musk's impact on the U.S. government and agencies
New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including Elon Musk's legacy as his time in the White House comes to an end, members of Congress facing more pushback from voters over the Trump agenda, the president's controversial pardons and Russia's attacks on Ukraine intensifying.
The chainsaw, the salute and other moments from Musk’s time in government
Billionaire Elon Musk is formally leaving the Trump administration, after months overseeing contentious federal spending and staffing cuts through his brainchild, the U.S. DOGE Service.
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