Greetings

 

Coinpedia
News

Elon Musk Steps Down from DOGE After 130 Days: What’s Next for the Efficiency Agenda?

Debashree Patra29 May 20253 min read

Elon Musk is officially stepping down from his role in the Trump administration. According to a White House official, Musk’s exit process, known as “off-boarding,” began on Wednesday night. He served as a special government employee with the Department of Government Efficiency (DOGE) for about 130 days.

No Formal Goodbye, Sudden Exit

Musk didn’t have a direct conversation with President Trump before leaving. His departure was decided by senior staff, not through a formal process. The exit came shortly after Musk criticized Trump’s latest tax and budget bill, calling it too expensive and harmful to DOGE’s efforts to cut government costs.

Musk Bids Farewell on X

On Wednesday, Musk took to X to mark his exit, writing:

“As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending. The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.”

Bold Vision, Mixed Results

Musk led aggressive staff cuts across federal agencies and advocated for zero tariffs with Europe, sparking clashes with cabinet members, including calling trade adviser Peter Navarro a “moron.” While his efforts didn’t deliver the sweeping savings he promised, the administration claims that DOGE reduced the federal civilian workforce by 12%, approximately 260,000 jobs, through layoffs and early retirements.

On the other hand, Rep. Anna Paulina Luna expressed frustration over Congress’s inaction, saying lawmakers lack urgency and vision despite the hard fight to bring Trump back to office. She criticized the failure to secure DOGE spending cuts, an issue debated for years, calling it “embarrassing” and urging real results over political showmanship.

Politics, Criticism, and Tesla Pressure

Musk’s political role drew criticism from some investors who want him to refocus on Tesla amid falling sales and share prices. After spending nearly $300 million supporting Trump and GOP campaigns last year, Musk recently said he plans to scale back political donations: “I think I’ve done enough,” he remarked at a forum in Qatar.

DOGE to Continue Without Musk

Despite Musk’s departure, the White House says DOGE will press on. Musk echoed that sentiment in his farewell, saying the mission will “only strengthen over time.”

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

  • Musk left after criticizing Trump’s tax and budget bill as too expensive and harmful to his cost-cutting efforts
#Elon Musk
Debashree Patra
Debashree Patra

Author

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

More in News

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Kava Network positions itself as a hybrid Layer-1 blockchain combining the developer flexibility of Ethereum with the speed and interoperability of Cosmos. Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can …

Qadir AK·27 Aug 20261 min

News

XRP News Today: 44 Million Rakuten Pay Users Get Direct Access to XRP in Biggest Japan Rollout Yet

Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was one of the ecosystem’s most recognisable voices Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a …

Qadir AK·19 Jun 20262 min

News

Ethereum Crashes 60% As Analysts Dump ETH And Rotate Into These Altcoins

Table of ContentsWhy Hoffman SoldA Second ExitEthereum Market OutlookInstitutional DemandLayer-2 GrowthWhat This Means For ETH HoldersKey Levels To Watch Bankless Test co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was …

Qadir AK·4 Jun 20262 min