In a Could 29 submit on X, Musk thanked Trump for the chance however known as the position an “uphill battle.” He admitted he underestimated how tough it could be to scale back authorities spending and jobs. His 130-day time period as a Particular Authorities Worker was already set to finish on Could 30.
Musk instructed The Washington Put up that the federal system was “a lot worse” than he anticipated and mentioned he confronted resistance at each flip. In a separate interview with CBS, he criticized a latest tax break bundle handed by Home Republicans, warning it might undo a lot of DOGE’s cost-cutting work.
DOGE, named after the Dogecoin cryptocurrency, claims to have saved taxpayers $175 billion. Nevertheless, many stories argue the financial savings are inflated and riddled with errors. The unique purpose was to chop $2 trillion, later lowered to $150 billion.
In response to Reuters, DOGE has minimize almost 12% of the federal workforce—round 260,000 jobs—via layoffs and buyouts.
Musk additionally admitted in a Could 28 Ars Technica interview that he spent “an excessive amount of time” in politics, presumably affecting Tesla’s efficiency. After he mentioned he’d scale back his DOGE duties, Tesla inventory jumped over 5% in after-hours buying and selling.
A lawsuit by 14 states in opposition to Musk and DOGE is shifting ahead, accusing them of overstepping authorized bounds in federal operations.
