Elon Musk to exit DOGE? Donald Trump drops big hint | World News

World’s richest man Elon Musk is expected to step back from his government cost-cutting role under Donald Trump’s adminration, according to a Politico report on Wednesday, citing three people close to the US President.
Musk, who was tasked with leading the Department of Government Efficiency (DOGE) to cut $1 trillion in federal spending, is reportedly set to return to his businesses in the coming weeks. However, the exact timeline remains unclear.
According to the report Politico, a senior adminration official stated that Musk is expected to maintain an informal advisory role and occasionally appear at the White House. Another official warned that anyone who believes Musk will completely exit Trump’s circle is “fooling themselves.”
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Insiders indicated that Musk’s transition is likely to align with the conclusion of his tenure as a “special government employee,” a designation that temporarily exempts him from certain ethics and conflict-of-interest regulations, Politico reported.
Commenting on the report, White House clarified that Musk is not being pushed out and that his work would be completed within his 130-day mandate, which is set to end in late May or early June.
Trump and Musk have both recently suggested that Musk would eventually step away, though neither has specified a timeline.
When asked on Monday if he wanted Musk to remain beyond his term, Trump responded, “I think he’s amazing, but I also think he’s got a big company to run. At some point, he’s going to be going back. He wants to.”Story continues below this ad
Additionally, despite public backlash over mass government job cuts, Musk told Fox News last week that he remained confident in achieving most of his cost-cutting goals within the given timeframe.
Tesla sales slump
Tesla reported a 13 per cent decline in vehicle sales for the first quarter of the year, marking its weakest performance since 2022. The drop underscores the challenges Elon Musk’s electric vehicle company faces in attracting buyers.
Several factors likely contributed to the decline, including an ageing lineup, intensifying competition, and backlash over Musk’s political affiliations. The disappointing sales figures also signal potential trouble ahead for Tesla’s first-quarter earnings report later this month.
The company delivered 336,681 vehicles globally between January and March, falling short of analysts’ expectations of 408,000, as polled FactSet. This figure represents a decline from the 387,000 vehicles sold in the same period last year, despite Tesla’s efforts to boost demand with deep discounts, zero-interest financing, and other incentives.
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