Elon Musk announced his departure from the Trump administration on Wednesday, ending his controversial tenure as head of the Department of Government Efficiency (DOGE). In a post on social media, Musk stated, “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending.” He added that the DOGE mission “will only strengthen over time as it becomes a way of life throughout the government.”
The move follows Musk’s sharp criticism of a White House-backed tax cut bill, which he argued undercuts DOGE’s federal spending reduction goals. In a CBS interview earlier this week, Musk said the bill contradicted the cost-saving efforts he was leading. The tax legislation, which passed the House and is under Senate review, has been championed by Trump as a “big beautiful bill.”
Musk’s exit was confirmed by a White House official, according to the Associated Press. His involvement in the administration had stirred significant backlash, with critics targeting Tesla and other Musk-led ventures. Tesla, in particular, has faced global boycotts and facility disruptions due to Musk’s political ties.
Despite DOGE’s ambitious plan to eliminate trillions in government waste, the agency fell short of expectations. Musk also faced legal challenges over his proposed cuts to federal jobs and funding, with multiple lawsuits questioning his authority.
During Tesla’s recent earnings call, Musk hinted at stepping back from government duties to refocus on his businesses. Following his announcement, Tesla Inc. (NASDAQ: TSLA) shares rose 2.7% in aftermarket trading, signaling investor approval of his renewed focus on the company.


Costco Revenue Beats Estimates as Inflation Drives Bulk Shopping
BMW 2028 Margin Target Could Fall Below Consensus, UBS Says
South Korea, US Discuss Warship Building Cooperation
Tesla Semi Rollout Begins at Nevada Factory
US Backs Musk in Fight Against EU’s €120 Million X Fine
Dubai’s connectivity remains strong in an uncertain world
OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity
Mercedes-Benz Eyes €800 Million Labor Cost Cuts in Germany
Novo Nordisk Strikes €1.17 Billion Nanexa Drug Delivery Deal
US Senate Rejects Iran War Powers Resolution in 50-49 Vote
H&M Q3 Profit Beats Estimates as Margins Improve
Trump, Xi Visit US National Archives After White House Summit
Former OpenAI Data Center Chief Chris Malone Joins Nvidia
OpenAI Agent Breaches Australia Medicare Data Portal
North Korea Warns South Korea Over US-Led Defense Role
SoftBank Shares Fall as Oracle Flags Stargate Data Center Delay Risk
EU Defence Build-Up Too Slow for 2030 Russia Readiness Goal 



