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Musk exits DOGE after an “uphill battle” with federal bureaucracy
After over four months leading the Department of Government Efficiency (DOGE), Elon Musk confirmed he is stepping down. Although tasked with trimming federal spending and workforce, Musk admitted it was an "uphill battle" against a deeply entrenched bureaucracy that was worse than he imagined.
DOGE claims to have saved taxpayers $175 billion under his leadership, but this number has been heavily disputed by media outlets citing errors, inflation, and lack of transparency.
Political distractions may have affected Tesla's performance, Musk admits
In an interview with Ars Technica, Musk admitted: “I probably spent a bit too much time on politics,” indirectly acknowledging Tesla's recent underperformance. Indeed, Tesla stock (TSLA) is down nearly 6% year-to-date as sales declined sharply and investor confidence wavered.
However, once Musk announced he would significantly reduce his involvement with DOGE in May, Tesla shares jumped over 5% in after-hours trading, signaling investor optimism over his renewed focus on the company.
DOGE under legal fire: Musk accused of unlawful government interference
Despite DOGE’s mission of streamlining federal operations, it is now at the center of a lawsuit filed by 14 U.S. states. The case alleges that Elon Musk and DOGE violated the Constitution by accessing government systems without authorization, unlawfully firing federal employees, and canceling contracts.
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This raises serious concerns about the legality of Musk’s role in government, and whether a private sector CEO can effectively lead a public agency with such complexity.
This article was drafted using ChatGPT and edited by the author for final publication.
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