Uncategorized

Elon Musk tells Tesla shareholders he’ll start cutting back on DOGE work next month

Department of Government Efficiency chief Elon Musk told Tesla shareholders on Tuesday that he’s planning to dramatically cut back on his work for the Trump administration next month.

“Starting next month, I will be allocating far more of my time to Tesla,” the electric car company CEO said on Tesla earnings call, according to Business Insider.

Musk noted that “the major work of establishing” DOGE has been completed and that his “time allocation” to President Trump’s government cost-cutting initiative “will drop significantly” come May.

The billionaire tech tycoon, 53, indicated he’s interested in continuing to spend a day or two a week on government matters, “as long as it is useful,” and Trump is amenable to the idea.

Musk’s special government employee status expires at the end of May.Getty Images

Musk was already widely expected to leave his post as the unofficial head of DOGE at the end of May, when his special government employee (SGE) status expires.

Per federal regulations, SGEs can only work in government for 130 consecutive days — pegging May 30 as the Tesla, SpaceX and Starlink CEO’s last day as DOGE chief.

Earlier this month, Trump told reporters that he wants Musk to be a part of his administration for “as long as possible” but acknowledged that the world’s richest man may want to spend more time on his business endeavors.

Anti-Trump vandals have targeted Tesla cars, dealerships, and charging stations in recent weeks over Musk’s work with the Trump administration.Getty Images

“We’re in no rush, but there will be a point in time in which Elon’s going to have to leave,” Trump said on April 3, noting that Musk has “a number of companies to run.”

The president didn’t put an exact date on when Musk would be departing the administration but said he expects it will happen “in a few months.”

Trump insisted that Musk is welcome to stay “as long as he likes.”

New Tesla Cybertrucks were vandalized in Seattle on March 10.Jonathan Choe / SWNS

Tesla, which reported a 71% drop in net income for the quarter during the earnings call, has been targeted by arsonists and vandals nationwide over Musk’s work with the Trump administration.

“I think a great wrong is being done to the people of Tesla and to our customers,” Musk said of the spate of vandalism in an interview with Fox News “Special Report” host Bret Baier last month.

“I mean, Tesla’s a peaceful company that has made great cars, great products — that’s all it’s done,” he argued. “It hasn’t harmed anyone, and yet, people are committing violence.”

Related Posts

𝗧𝗵𝗲 𝗙𝗶𝗿𝘀𝘁 𝗣𝗿𝗶𝘀𝗼𝗻𝗲𝗿

En una distopía de un futuro cercano, las cárceles ya no existen. En cambio, los convictos están encerrados en realidades artificiales donde el castigo parece interminable. Michael Kane…

𝗥𝗔𝗠𝗣𝗔𝗚𝗘 𝟮

¡Prepárate para el enfrentamiento definitivo contra monstruos! “Rampage 2” ya está aquí, y es más grande, audaz y explosiva que nunca. En esta emocionante secuela, Davis Okoye, interpretado…

𝗗𝗼𝗼𝗺 𝟮 (𝟮𝟬𝟮𝟱)

En un emocionante giro para los fans de Doom, la película de culto de ciencia ficción de 2005, Dwayne “The Rock” Johnson y Karl Urban se reunirán para…

Black Dad Partners With His 3 Sons to Launch Community-Based Digital Ecosystem

UMYO Network is a groundbreaking digital ecosystem created and owned by African American father Gregory Barnard Cherry and his three sons—Gregory Jr., Isaac, and Isaiah. Together, this father-and-sons team…

Black Mom and Son Launch Black-Owned Wellness Lounge Called The Vitamin Suite in Maryland

Lakel Ebb, BSN, RN, and her son, Founder and CEO of The Vitamin Suite in PG County, Maryland, are transforming the way communities think about health, healing, and self-care. This…

𝗧𝗵𝗲 𝗛𝘂𝗻𝘁𝘀𝗺𝗮𝗻: 𝗪𝗶𝗻𝘁𝗲𝗿’𝘀 𝗪𝗮𝗿

Mientras una sombra gélida se cierne sobre los reinos, Freya, la Reina de Hielo, ha regresado, con un corazón más frío que los gélidos páramos que gobierna. Su…

Leave a Reply

Your email address will not be published. Required fields are marked *