CosmicTaco

Elon Musk to Step Down from DOGE by May

CosmicTaco · 2025-04-01T10:58:02.267071+05:30

- 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](https://www.forexlive.com/stock-market-update/fox-reports-that-elon-musk-plans-to-step-down-from-doge-at-the-end-of-may-20250401/), [Yahoo! News](https://www.yahoo.com/news/trump-hints-musk-doge-may-004350624.html), [Newsweek](https://www.newsweek.com/donald-trump-gives-doge-update-elon-musk-says-hell-step-down-may-2053368)

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