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Elon Musk to Step Down from DOGE by May

  • Elon Musk plans to step down from his role in the Department of Government Efficiency (DOGE) at the end of May.
  • President Trump hinted at Musk's departure, emphasizing his need to return to running Tesla full-time.
  • Musk's involvement in divisive politics has negatively impacted Tesla's performance, with a significant drop in sales and share price.
  • Despite Musk's departure, Trump believes the influence of DOGE will persist due to the education of Cabinet members and agency heads.
  • Musk aims to achieve a $1 trillion reduction in government spending by the end of his tenure.

Source: Forexlive, Yahoo! News, Newsweek

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