Elon Musk Denounces "Fake News", Says won't be Leaving as DOGE Chief

Politico and other media sites were criticised by Elon Musk and the White House on 2 April for claiming that the billionaire would "step down" as director of the Department of Government Efficiency. President Donald Trump reportedly "informed his inner circle" that his special adviser would resign from all federal positions. 'This story' is garbage, said White House press secretary Karoline Leavitt in response to a tweet about the Politico revelation. Both President Trump and Elon Musk have said in public that after his amazing work at DOGE is finished, Elon will leave public service as a special government employee.

Politico’s Report

Trump informed close associates and members of his Cabinet earlier in the day that Musk will shortly leave his position in the administration, according to Politico. In recent days, the president and his wealthy buddy agreed that the latter would resume his commercial ventures, the publication reported. This follows a precipitous decline in the value of Tesla's stock, which is led by Musk. According to Donald Trump, Musk has "been amazing," but he has a large company to manage, Trump told reporters on March 31. Additionally, he will eventually return. He desires to, added Trump.

Critics Calling Musk Co-President

Since the beginning, there has been uncertainty over Musk's ability to sustain his exceptional status. This status has allowed him to become so close to Trump that critics have dubbed him the 'co-president'. The so-called Department of Government Efficiency, or DOGE, has been leading an ideologically motivated crusade for two months under the direction of Musk. According to an international news agency, Musk has caused widespread worry by destroying US scientific research and international aid programmes virtually overnight. Trump has assigned the CEO of Tesla to spearhead initiatives to restructure the federal bureaucracy and reduce government spending through the Department of Government Efficiency. Musk's tenure as a special government employee would expire at the end of May, assuming a 130-day term. Last week, he told the media that he was sure he would do the majority of the work needed to reduce federal expenditure by $1 trillion.

Musk has been under fire since assuming the position in January for his vigorous efforts to reduce federal expenditure and abolish government employment. This moves he claims are essential to reorganising Washington. Under Musk's leadership, the DOGE initiative has already implemented significant staff and contract cutbacks. Apart from that, reports further indicate that his initiatives are aimed at saving federal spending by $1 trillion.