Elon Musk has abandoned his aspirations to save the government money as head of the Department of Government Efficiency (DOGE). Musk plans to step down because Tesla shares were getting hammered, and Musk found himself and his shareholders losing vast sums of money. Musk lost a reported 134 billion dollars of his net worth... Click Here.

He has now shifted his focus to repairing his brand and his businesses. Sales at Tesla fell 13% in the first quarter of 2025, and two SpaceX ships exploded this year. Evidently, his plans to slash Medicare, Social Security, and Medicaid weren't widely accepted, which were preceded by the removal of thousands of government employees via firings, resignations, and buyouts. Also, DOGE has sought to cut spending in or abolish other government agencies to include the Department of Defense, Department of Education, the Federal Aviation Administration, FEMA, the IRS, and others... Click Here.

President Trump expressed his desire to keep Musk around as long as he could and vowed that DOGE will continue without him at the helm. DOGE claims to have saved 162 billion dollars thus far, almost a paltry 5% of the 2 trillion dollars they were hoping for, but apparently government spending is still on the rise. Though Musk's approach may have been aggressive, the country simply can't afford to spend money the way it does.