Skip to main content

Elon Musk to Retire as Special Government Employee in 130 Days

Naba Fatima
2 minute read
Elon Musk to Step Down as Special Government Employee After 130 Days

Elon Musk announced his resignation from the Department of Government Efficiency (DOGE) once its push to cut $1 trillion from the deficit is, in his telling, largely done. The tech giant was appointed as a ‘special government employee’ for 130 days. This position was offered by the Trump administration to spearhead the government's cost-cutting efforts. Musk will be leaving his post in May. 

DOGE claims that under Elon Musk's leadership, the government saved Americans $130 billion so far, which it puts at roughly $807 per taxpayer. In an interview to Fox News, Musk stated 

“This is a revolution. And I think it might be the biggest revolution in government since the original revolution.At the end of the day, America’s going to be in much better shape. It’s going to be a fantastic future.”

No longer than 130 days 

Musk has confirmed that his work will be completed in May, i.e., his 130-days term. Thereafter, he will not be required to continue his role. He said

“I think we will have accomplished most of the work required to reduce the deficit by $1 trillion within that time frame’’. 

Eliminating waste and fraud 

Musk along with his seven DOGE members; Steve Davis, Joe Gebbia, Aram Moghaddassi, Brad Smith, Anthony Armstrong, Tom Krause, and Tyler Hassen are determined to reduce waste and fraud from the government funds. DOGE aims to reduce spending by 15 percent in government spending by eliminating fraud and monetary mismanagement. According to Elon Musk 

“The government is not efficient, and there’s a lot of waste and fraud. So we feel confident that a 15 per cent reduction can be done without affecting any of the critical government services.”

Crack down on government credit cards

DOGE is focusing on government overspending via credit cards. According to the department, there are approximately 4.6 million federal government credit cards for around 2.4 million employees. Currently, the department is cracking down against government overspending through this facility. Musk has already called these huge numbers of credit cards absurd. 

Though DOGE is making gigantic claims about its reduction drive, critics claim that Musk's stringent measures lead to the cancellation of government contracts. Moreover, there is no regulatory check on DOGE, which may lead to the tech giant's exploitation of it's power. 

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Market data, tax rules, and prices can change after the article date. TECHi and its authors may hold positions in securities or digital assets mentioned. Always conduct your own research and consult a licensed financial, tax, or legal professional before making decisions.

Share

Pick your channel

About the Author

Naba Fatima
@naba-fatimaTechnology writer | AI models, Nvidia's software moat and data centers

Naba Fatima covers AI models and the software that keeps chip demand locked in. She has written about Kimi K3's low API pricing and missing open weights, Qualcomm's $3.9 billion move against Nvidia's CUDA ecosystem and Nvidia's context-memory advantage in AI data centers.

Comments