Elon Musk has officially announced his departure from the Department of Government Efficiency (DOGE), the federal agency he led under President Donald Trump. In a tweet dated May 28, 2025, Musk expressed gratitude to President Trump for the opportunity to reduce wasteful government spending. He emphasized that the DOGE mission would continue to strengthen over time, becoming a way of life throughout the government

Musk’s tenure at DOGE was marked by significant cost-cutting measures, including the dismissal of tens of thousands of federal employees. However, his ambitious goal of reducing the federal deficit by $2 trillion fell short, with only $175 billion in cuts achieved. His leadership style, characterized by provocations and clashes with other officials, led to widespread protests and criticism. Additionally, his close association with Trump and the controversial policies implemented during his tenure contributed to a decline in public support and a drop in Tesla’s stock value.

Despite the challenges, Musk remains optimistic about the future of DOGE. He has expressed plans to accept Dogecoin (DOGE) as a payment method for Tesla vehicles “at some point,” though the timeline for implementation remains uncertain. This announcement has been met with enthusiasm from the Dogecoin community, leading to a surge in the cryptocurrency’s value.

As Musk steps away from his role at DOGE, the future of the department and its initiatives remain to be seen. The impact of his leadership and the continuation of the cost-cutting measures he championed will likely be subjects of ongoing discussion and analysis.