Elon Musk confirmed that he was leaving as the government of the White House, which after accepting that it is a “difficult fight”, trying to reduce federal jobs and programs.
The position of Musk as a special government employee leading the department’s efficiency department (DOGE) meant that by law, he could only serve for a maximum of 130 days, which was determined to end on 30 May.
Musk Confirmed While leaving him out in the X post of May 29, thanks President Donald Trump for “the opportunity to reduce the useless expenses.” Roots Informed A White House official said his “off-boarding will begin tonight”.
Musk told The Washington Post said for the May 27 report that “federal bureaucracy is very bad”, he is very bad, and it was “trying to improve things in DC, at least to say.”
CBS, Musk in separate comments Criticized Multi-trilian-dollar tax break package House Republicans Approved on 22 May, claiming that it will increase the budget deficit and reduce the work that is being replicated.
Dogo, named after Cryptocurrency, Claim save Taxpayers $ 175 billion since Trump returns to the White House on 20 January, a figure overforced by several news outlets, which reports that the figures are overseas, are many errors and incorrect.
The project claimed saving is only 8.5% of Kasturi’s initial ambition to cut $ 2 trillion from the federal budget, which they later modified to $ 150 billion.
According to Reuters report, Dogge has cut about 12%or 260,000 by 2.3 million. Federal workforce Through trimmed, procurement and early retirement offers.
Despite criticism, musk Said On X that Dogi’s mission “will be strong only over time as it becomes a way of life in the entire government.”
It comes as a federal judge allowed A lawsuit to move forward accuses Kasturi and Dogi of illegally increasing power on government operations.
The case filed by 14 states alleged that Musk and Dogi violated the constitution by illegally reaching government data systems, abolishing federal employees and canceling contracts in federal agencies.
Musk admitted that he spent a lot of time in politics
On May 28, in an interview with CEO of ARS Technica, Musk, EV Maker Tesla, accepted He spent “a little longer” in politics, which has impressed by some critics claims Tesla’s performance,
“I think I probably spent a lot of time on politics,” said Musk. However, he said that the time he spent on Dogi was not as important as many people were believed, and he blamed media coverage for ending his participation.
“It’s not that I left the companies. It was just a relative time allocation that was probably a little more in the government side, and I have reduced that significant manner in recent weeks.”
When Musk announced in Tesla’s first quarter report that his time spent in May would fall significantly, the trading of posts of Tesla (TSLA) increased by more than 5%, despite reporting a decline of 80% in net income.
By 31 March, Tesla still held 11,509 bitcoins (BTC), Currently a price of about $ 1.24 billion.
Connected: Musk planned X Money beta test before the planned 2025 launch
Tesla shares are still down 5.9% At the date of the year, musk declined significantly in the quarter before the sale of the company and Tesla.
However, the decline corresponds to other large technical firms, including Apple (AAPL), NVDIA (NVDA), Amazon (AMZN) and Google (Goog), which are also in red in 2025.
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