The great unfriending
Elon Musk exits DOGE after a turbulent 130 days, with Tesla’s stock declining as Musk’s political connections sparked protests and investor backlash. In the Oval Office, Trump, clearly relieved to see him go, praised his work. | Today’s Political Cartoon.
Elon Musk concluded his 130-day tenure leading the Department of Government Efficiency (DOGE), achieving $175 billion in savings, far short of his $2 trillion goal.
Despite controversies, including mass layoffs and legal challenges, President Trump praised Musk’s efforts, presenting him with a golden key to the White House.
Musk is stepping back from his government role to refocus on his businesses, particularly Tesla and Starlink, following significant share declines and mounting criticism. Tesla’s stock has plummeted over 50% since December 2024, erasing nearly $800 billion in market value. A downturn attributed to Musk’s polarising political involvement, including his leadership of DOGE, which led to protests, boycotts, and internal unrest.
GOING FURTHER
Trump praises Elon Musk for ‘colossal change’ as Doge adviser says farewell | THE GUARDIAN
Elon Musk gifted golden key as he leaves DOGE role | SKY NEWS
Elon Musk’s DOGE project is ‘objectively a failure’ | NBC NEWS
[ Europeans TODAY ]
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