Elon Musk, CEO of Tesla Inc., in the oval office of the White House in Washington, DC, February 11, 2025.
Aaron Schwartz | Bloomberg | Getty images
Tesla The CEO, Elon Musk, began his business call on Tuesday, saying that his time spent leading the Ministry of Efficiency of the Government of President Donald Trump would drop considerably from May.
Musk, who saw Tesla’s stock trooping more than 40% this year, said that he would continue to support the president with Doge “to make sure that the waste and the fraud we stop does not come back”.
After spending nearly $ 300 million during the 2024 campaign to help Trump return to the White House, Musk created Doge and joined the administration with a mission to considerably reduce the size and capacity of the federal government.
He said he would continue to spend a “day or two a week” on government issues “as long as the president would like me to do it”.
Musk’s commentary occurred after his business declared disappointing results in the first quarter, including a fall of 20% over one year on the other of automotive income. In addition to the challenges that the company has already faced, such as competition from China and an aging fleet of electric vehicles, Tesla has recently been struck by demonstrations in the United States and Europe and the brand’s damage because of Musk’s links with Trump and its support for the far-right AFD part of Germany.
“The demonstrations you will see there, they are very organized,” Musk said during Tuesday’s call. He said, without evidence, that some people probably protest “because they receive fraudulent money” or are “unnecessary beneficiaries”.
On its website, which was updated for the last time on Sunday, Doge says that its cuts led to around $ 160 billion in savings. However, the estimates of Musk’s savings were challenged and Doge abolished some of the greatest alleged economies.
In February, DOGE employees had pushed high -level civil servants from the Ministry of Education of their offices, reorganized furniture and installed white noise machines to stifle their voice, according to agency employees. American senators have expressed their concern that Doge may have had access to federal data on student loans on tens of millions of borrowers.
Also in February, the Trump administration said that USAID would close as an independent agency and would be moved under the State Department.
The suppression of jobs come from the government, in agencies such as the internal income service, the National Park Service, the Consumer Financial Protection Bureau and the departments of agriculture, education, energy, health and social services, internal security and veterans, according to the Associated Press.
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