"Similar to Buddhism": Elon Musk labels Dogecoin's efficiency-driven agency as a lifestyle choice
Let's Discuss: Can the Department of Government Efficiency (Doge) Survive without Elon Musk? Elon's Radical Take!
Elon Musk, the department's head honcho, reckons the Doge is about as enduring as Buddhism, that's right, you heard that right. During a wild White House press conference, Musk weighed in on the Doge's existence post his potential exit.
He ain't kiddin' around. He compared the Doge to Buddhism, stating, "The Doge is a way of life, like Buddhism. Buddha's long gone, and nobody asks, 'Who'll lead Buddhism?'"
Musk's Got Better Things to Do Than Run Doge
Musk announced last week that he'd step down from his Doge duties in May. His Tesla baby needs love and attention, as the automaker's recent financial results left investors with a frown on their faces, missing revenue and earnings targets big time.
The Doge was established for a limited time, meant to shake things up until July 4, 2026. But Musk's got a change of heart, folks. He thinks the Doge might just hang in there until President Trump's tenure ends, depending on the president's whims, of course.
But don't worry, Musk won't be leaving Tesla high and dry. He's gonna dive back in, ready to steer the Tesla ship through choppy waters and get those financials in order.
The Doge's Rough and Tumble Past
The Doge's had quite the ride since its inception. It started as the United States Digital Service (USDS) but got a serious makeover under President Trump. Its mission? To modernize federal technology and slash the federal budget by $2 trillion.
But with Musk's departure, there's a question mark hanging over its future. Will new administrations keep its vision alive, or will it fizzle out like a popped balloon? Stay tuned, folks, this could be one heck of a rollercoaster ride.
Fancy Some Juicy Details?
The Department of Government Efficiency (DOGE) is a temporary federal department designed to upgrade the technology and software of the U.S. government for greater efficiency. It was established by an executive order from President Trump and led by Musk in a bid to streamline government operations and cut costs. The department's mission involves ending wasteful spending, and although it was intended to terminate in 2026, Musk has suggested it might last as long as President Trump's term. Beyond Musk's potential departure, the department's future is uncertain and may depend on continued government support and alignment with its objectives. The "DOGE" name is associated with Dogecoin, a cryptocurrency favored by Musk.
- What will happen to the Department of Government Efficiency (Doge) after Elon Musk's potential exit remains uncertain, as Musk compared its longevity to Buddhism, suggesting it might survive until President Trump's tenure ends.
- Elon Musk, who stepped down from his Doge duties in May, seems to be focusing on Tesla, as its recent financial performance missed investor expectations.
- Musk, during a White House press conference, stated, "The Doge is a way of life, like Buddhism. Buddha's long gone, and nobody asks, 'Who'll lead Buddhism?'"
- The Doge, previously known as the United States Digital Service (USDS), has been modernizing federal technology and aiming to slash the federal budget by $2 trillion.
- Stock-market enthusiasts might be interested to know that the Department of Government Efficiency (DOGE) is named after Dogecoin, a cryptocurrency backed by Elon Musk.
