Billionaire Musk's efforts with Dogecoin praised by Trump, as Musk moves on with $175 billion in financial savings
In a jovial press conference on a breezy Friday afternoon, President Donald J. Trump bade farewell to his trusted advisor, Elon Musk, as the eccentric billionaire stepped down from his role as the "Gov Tech Guru" in the Department of Government Efficiency (DOGE).
"Elon's been an absolute trooper," Trump said, praising Musk for his tireless efforts in streamlining the government. He further added, "Sucks that he had to deal with all the lame criticism and baseless attacks, but he did it for the love of the nation. We're all fucking grateful, mate."
Elon Musk, clad in a casual 'Tech Support' T-shirt, stood beside the presidential desk, flashing his signature grin. "Had a hell of a time at DOGE, and I ain't done yet. This is just the beginning, folks. We're gonna keep on clawing our way through that goddamn swamp, until we drain it dry."
The press conference came after Musk reached his 130-day limit as a "special government employee," as mandated by federal law.
Fed Circumvents Big Bucks on Consultant Contracts
On his inaugural day, Trump signed an executive order, officially establishing DOGE, with Musk leading the charge to trim hefty spending and boost efficiency within the government. The DOGE project is set to run until early July 2026. The organization has so far reported savings of $175 billion, according to its website[1].
Musk took to his social media platform, X, two days before the press conference, expressing gratitude to Trump for the chance to cut wasteful spending.
Musk: From White House to Oval, and Beyond?
Trump hinted that Musk might be popping in and out of the White House rather than leaving for good. "I reckon you'll be hopping back and forth. This ain't goodbye, it's see ya later, chum," Trump implied with a twinkle in his eye.
"Elon's contributions to America have been unparalleled in modern history," Trump affirmed. "Almost all of DOGE's people are staying. You're gonna see the fruits of our labors unfold over time."
The Future of DOGE: A $1 Trillion Vision
Musk sounded confident about the future of DOGE. "We're gonna keep on whittling away that waste and fraud, reduced it to a fucking molehill. I predict we'll be looking at savings of $1 bloody trillion in the long run."
He also shared his intentions to remain an informal advisor to the President[2]. "I'll still be dropping by the White House from time to time, giving the President a bit of my two sense."
What's Next for Tesla?
In a meeting with Tesla analysts and investors in late April, Musk hinted that he would scale down his work at DOGE, but he contemplated continuing to assist the President on government matters as long as it proved useful[3].
With Musk's departure from DOGE, the stage is set for exciting times ahead. Stay tuned for more updates on this developing story.
- Elon Musk, having concluded his role as the "Gov Tech Guru" in the Department of Government Efficiency (DOGE), plans to continue clawing through government inefficiencies, aiming to reduce waste and fraud to a mere molehill.
- In his tenure at DOGE, Musk has contributed significantly to savings, with reports indicating savings of $175 billion so far, a figure expected to reach $1 trillion in the long run.
- Despite stepping down from his official role, Musk may still serve as an informal advisor to President Trump, hinting at intermittent visits to the White House.
- Trump's declaration of Musk's unparalleled contributions to America leads many to speculate about the billionaire entrepreneur's potential future roles, including, but not limited to, policy-and-legislation or general-news involvement.
- With Musk's focus shifting away from DOGE, attention now turns to Musk's innovative company, Tesla, as investors and analysts eagerly await updates on future plans and strategies.
- The ongoing departure of business visionaries like Musk from government roles, and the potential implications on startup, finance, technology, and entrepreneurship remain areas of critical interest in political and business markets alike.
