VI News Staff 7 months ago

Elon Musk dramatically steps down from DOGE in shock move after Trump expressed private doubts

President Donald Trump has told his Cabinet and inner circle that Elon Musk is stepping back from his government role.

The Tesla and Space X founder will soon be returning to the business world, Politico reported, in a move that rattled the stock market and caused shock waves in Washington.

Musk’s designation as a special government employee meant he was scheduled to step down in May but he’s now leaving early in a cloud of controversy.

It was a joint decision between the two men and Trump said he remains happy with Musk’s work with the Department of Government Efficiency.

But Musk has become a controversial figure due to his slash and burn style of cutting down the federal government. He also just sank $20 million into Wisconsin‘s Supreme Court race only to have his Republican candidate lose.

And stock in Tesla has dropped sharply with sales down and sales lots are being set on fire. 

Elon Musk is designated as a ‘special government employee,’ which has a 130-day time limit

The report Musk is going back to his business roots did send his company shares’ soaring. He became a billionaire through his various corporate holdings.

Trump empowered him to bring that power and success to the federal government.

The decision caused immediate controversy leading to questions as to whether Musk, whose Space X company has billions in government contracts, had a conflict of interest. 


READ MORE:

U.S. VIRGIN ISLANDS WEATHER

Bryan Stresses Unity and Strategic Outreach Following National Republi...

VI News Staff
1 year ago

Vincentian Vanessa Layne covers Dionne Warwick’s ‘Whisper in the Dark’

VI News Staff
2 years ago

JetBlue and Spirit considering resuming flights to Cap-Haïtien in Hait...

VI News Staff
7 months ago

Suicide Awareness Prevention Webinar Draws Attention to Veteran Suicid...

VI News Staff
1 year ago

Best Buy CEO: Jump in theft is traumatizing staff

VI News Staff
3 years ago