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Elon Musk leaving role in the Trump administration

  • On May 29, 2025, Elon Musk announced he is concluding his role as a special appointee with the U.S. Agency responsible for streamlining government operations, known as DOGE.
  • Musk's departure followed his criticism of President Trump's tax-cutting bill, which he said increases the deficit and undermines DOGE's efforts to reduce wasteful spending.
  • During his tenure, Musk led initiatives cutting thousands of federal jobs and targeting budgets of USAID, education, and national parks while facing backlash and protests affecting Tesla's brand.
  • Musk expressed frustration that Doge is being unfairly blamed for various issues, while Trump commended the expected $150 billion in savings for fiscal year 2026 due to waste reduction initiatives under Musk's guidance.
  • Musk's exit may improve Tesla market sentiment as he shifts focus back to the company amid Tesla's recent sales declines linked to financial headwinds and reputational issues.
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The Daily Caller broke the news in Washington, United States on Wednesday, May 28, 2025.
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