Billionaire Tesla CEO Elon Musk is stepping down from his role
Billionaire Tesla CEO Elon Musk is stepping down from his role in the Trump administration following a turbulent tenure at the helm of the Department of Government Efficiency (DOGE). A White House official confirmed late Wednesday that Musk’s “off-boarding” process would begin that night, according to Reuters.
Musk, who had been appointed as a special government employee, spearheaded efforts to slash federal spending and overhaul bureaucracy. His abrupt exit comes just one day after he publicly criticized President Donald Trump’s signature tax legislation, describing it as overly expensive and counterproductive to his work at DOGE.
The billionaire entrepreneur acknowledged his departure earlier Wednesday in a post on his social media platform X, where he thanked Trump as his 130-day mandate neared its end. According to sources, Musk did not speak directly with the president before announcing his exit. The decision was reportedly made at a senior staff level amid growing tensions within the administration.
Musk’s role in the administration was highly visible and often controversial. At February’s Conservative Political Action Conference, he drew headlines for dramatically wielding a red metallic chainsaw, declaring it a symbol of his mission to dismantle federal bureaucracy. He had promised to cut at least $2 trillion
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