Logo

Elon Musk Exits Trump Advisory Role After Criticizing Spending Bill

Elon Musk has stepped down as a Special Government Employee and top adviser to former President Donald Trump following his public criticism of the "One Big, Beautiful Bill Act." Musk argued the legislation could exacerbate the federal budget deficit and clashed with Trump and GOP leaders. Despite Musk's efforts to reduce government inefficiency through the Department of Government Efficiency (DOGE), bureaucratic resistance and political backlash limited progress. Now refocusing on Tesla and SpaceX, Musk leaves politics after a turbulent tenure marked by protests and strategic disagreements.

Elon Musk Exits Trump Advisory Role After Criticizing Spending Bill

Elon Musk has officially concluded his role as a Special Government Employee and adviser to former US President Donald Trump, stepping down amid disagreements over the controversial "One Big, Beautiful Bill Act." Musk criticized the bill for its expansive scope and potential to increase the federal budget deficit.

Musk’s departure marks the end of his brief but high-profile tenure aimed at reducing federal bureaucracy through leading the Department of Government Efficiency (DOGE). His exit coincides with heightened Republican divisions over the spending bill and growing public scrutiny of DOGE's effectiveness.

On social media platform X, Musk expressed gratitude for the opportunity, stating, "As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending." A White House official later confirmed his departure.

The core disagreement stemmed from Musk's public condemnation of the bill, describing it during a CBS interview as "a massive spending bill" that could not simultaneously be "big and beautiful." He emphasized concerns that it would exacerbate the budget deficit.

Senator Ron Johnson (R-WI) supported Musk’s stance, noting sympathy for the entrepreneur's discouragement and indicating that sufficient Republican opposition could prevent the bill's passage without serious fiscal reforms.

Despite criticism, Trump defended the legislation, acknowledging certain shortcomings but highlighting the compromises involved. He remarked, "I'm not happy about certain aspects of it, but I’m thrilled by other aspects of it… It’s got a way to go."

Musk also voiced frustrations in a Washington Post interview, describing DOGE as a "whipping boy" unfairly blamed for administrative failures beyond its control.

Trump had previously suggested Musk’s government role was temporary, acknowledging the challenges of balancing high-level advisory duties with leading major companies like Tesla and SpaceX. He affirmed his intention to retain Musk as long as possible but anticipated a return to private ventures.

Musk highlighted entrenched federal bureaucracy as a significant barrier to DOGE’s objectives, admitting the department fell short after eliminating thousands of government positions.

The political involvement also had repercussions on Musk's companies, with Tesla facing protests and even arson attacks due to his political associations.

Following a series of turbulent events, including a SpaceX Starship prototype explosion, Musk has announced a shift back to focusing on his private enterprises and away from political engagements, after reportedly investing approximately $250 million to support Trump.

US Court Blocks Trump’s Reciprocal Tariffs Amid Market and Tech Industry Updates
US Court Blocks Trump’s Reciprocal Tariffs Amid Market and Tech Industry Updates

A U.S. federal court struck down President Trump’s reciprocal tariffs, ruling their implementation exceeded executive authority. Nvidia posted strong Q1 earnings driven by AI chip demand but faced challenges from export restrictions to China. Meanwhile, rising Treasury yields pressured U.S. stocks. Elon Musk criticized Trump's tax bill and Tesla investors urged increased leadership commitment amid corporate concerns. The UAE advances AI ambitions alongside the U.S., leveraging energy and semiconductor strengths.

Trump Praises Elon Musk as Billionaire Exits US Government Role
Trump Praises Elon Musk as Billionaire Exits US Government Role

Elon Musk has stepped down from his role leading the US Department of Government Efficiency. Former President Donald Trump praised Musk as "terrific" and announced a joint media briefing. Musk thanked Trump for the opportunity to reduce government waste while criticizing recent tax legislation. Throughout his tenure, Musk focused on cutting bureaucracy and streamlining federal operations.

Trump Praises Elon Musk Ahead of His Final Day in Government Role
Trump Praises Elon Musk Ahead of His Final Day in Government Role

President Donald Trump has lauded Elon Musk as 'terrific' ahead of Musk's departure from his temporary government role. Musk led the Department of Government Efficiency, focused on reducing federal spending. Despite his political support for Trump and Republican campaigns, Musk has opposed certain spending bills and pledged to reduce political donations.

Elon Musk Faces Scrutiny Over Alleged Drug Use During Government Role
Elon Musk Faces Scrutiny Over Alleged Drug Use During Government Role

Elon Musk is under renewed scrutiny following reports of frequent ketamine and other drug use during his 130-day leadership of the Department of Government Efficiency in the Trump administration. Allegations include intake of ecstasy, psychedelic mushrooms, and numerous daily pills. Despite musk’s denials and claims of medical use, insiders suggest heavier consumption. His time in office was marked by erratic behavior and aggressive cost-cutting, causing widespread disruption. Musk continues political involvement, pledging substantial support for upcoming elections.

Trump Clashes with Elon Musk Over Government Contracts and Tax Bill
Trump Clashes with Elon Musk Over Government Contracts and Tax Bill

A sharp confrontation between President Donald Trump and entrepreneur Elon Musk has emerged over a major tax bill and government contracts. Trump accused Musk of being "CRAZY" and proposed ending subsidies to Musk's companies as a budget-saving measure. Musk, whose ventures include Tesla and SpaceX, has vigorously opposed the tax bill citing deficit concerns. The dispute has impacted Tesla's stock and signals tensions surrounding federal support for Musk's enterprises.

Trump and Musk Feud Sparks Reactions from Billionaires and Political Leaders
Trump and Musk Feud Sparks Reactions from Billionaires and Political Leaders

A sudden feud between Donald Trump and Elon Musk has drawn significant attention from business leaders and politicians alike. Trump threatened to pull government contracts from Musk’s companies, while Musk claimed credit for Trump's election win. The dispute led to a more than 14% plunge in Tesla shares amid investor fears over regulatory hurdles. Prominent figures urged peace, while others advocated strong government actions. The conflict also raises concerns about the future of U.S. space and autonomous vehicle initiatives tied to Musk’s ventures.

Elon Musk Loses $34 Billion in Net Worth Amid Feud with Donald Trump
Elon Musk Loses $34 Billion in Net Worth Amid Feud with Donald Trump

Elon Musk faced a $34 billion loss in his net worth following a public dispute with former President Donald Trump. The conflict, driven by opposing political stances and threats to cut government contracts, significantly affected Tesla’s stock and raised concerns about other ventures like SpaceX and Neuralink. Legislative changes eliminating electric vehicle tax credits further pressure Musk's business interests.

Tesla Stocks Plunge Amid Musk-Trump Dispute; Crypto Coin Surges
Tesla Stocks Plunge Amid Musk-Trump Dispute; Crypto Coin Surges

Elon Musk and Donald Trump's public conflict over legislation has caused Tesla stocks to crash by 17%, erasing roughly $150 billion in market value. Meanwhile, the meme-based crypto coin Kill Big Beautiful Bill (KBBB) experienced a significant surge, reaching a market capitalization of $53.12 million. The feud involved personal attacks and political implications, highlighting tensions at the intersection of business and politics.

Elon Musk and Donald Trump: A Timeline of Their Complex Alliance
Elon Musk and Donald Trump: A Timeline of Their Complex Alliance

Elon Musk concluded his tenure at the Department of Government Efficiency, during which he supported President Donald Trump’s initiatives to reduce federal spending. Their relationship evolved from initial distance to close collaboration and eventual public disagreements, notably over a recent spending bill. This timeline outlines key moments from Musk’s donations to Trump, joint appearances, and Musk’s vocal critiques, reflecting a complex political and business partnership.

Trump Praises Elon Musk as He Concludes Role Leading DOGE Department
Trump Praises Elon Musk as He Concludes Role Leading DOGE Department

Elon Musk concluded his role as head of the Department of Government Efficiency after a 130-day term, drawing praise from former President Donald Trump. Musk's tenure reportedly saved $175 million through efficiency initiatives, despite criticism from Democratic lawmakers. As Musk returns focus to Tesla and SpaceX, Tesla shares have increased amid investor confidence.

Elon Musk and Donald Trump Clash: How Their Alliance Collapsed So Quickly
Elon Musk and Donald Trump Clash: How Their Alliance Collapsed So Quickly

The high-profile fallout between Elon Musk and Donald Trump centers on Trump's One Big Beautiful Bill, proposed tax cuts, and Musk’s role in government efficiency reforms. Once allies, their relationship soured over political disagreements and power dynamics, highlighting the complex interplay of billionaire influence and politics in modern democracy.

Donald Trump vs Elon Musk: High Stakes Battle Between US President and World's Richest Man
Donald Trump vs Elon Musk: High Stakes Battle Between US President and World's Richest Man

The growing conflict between Donald Trump and Elon Musk centers on Trump's "One Big Beautiful Bill," with Musk vehemently opposing the legislation due to its impact on the federal deficit. The dispute jeopardizes the bill's progression and Musk’s government contracts, like those for SpaceX and Tesla. Both face critical political and financial risks as tensions intensify.

Elon Musk Steps Down as Chief of Government Efficiency Department
Elon Musk Steps Down as Chief of Government Efficiency Department

Elon Musk has stepped down as head of the Department of Government Efficiency (DOGE), thanking President Trump for the opportunity. His departure follows criticism of a major spending bill and legal challenges questioning his authority. Musk’s term saw major government cost-cutting but also internal conflicts and unmet goals. He is now refocusing on his business ventures amid recent difficulties.

Elon Musk Steps Down as Head of Government Efficiency Under Trump
Elon Musk Steps Down as Head of Government Efficiency Under Trump

Elon Musk has stepped down as chief of the Department of Government Efficiency (DOGE) under President Trump, after leading aggressive cost-cutting reforms. Musk expressed concerns about a Trump spending bill and acknowledged unmet goals. His exit follows legal challenges and a shift in attention back to his businesses, including Tesla and SpaceX facing recent setbacks.

Elon Musk Ends Role in Trump Administration’s Government Efficiency Department
Elon Musk Ends Role in Trump Administration’s Government Efficiency Department

Elon Musk has officially concluded his role as a Special Government Employee within the Trump administration’s Department of Government Efficiency (DOGE). Musk thanked President Trump for the opportunity to reduce wasteful government spending but expressed disappointment over a recent large spending bill that he feels increases the deficit. His exit signals a return to focusing on his companies like Tesla and SpaceX, while DOGE’s mission is expected to persist beyond his involvement.

Elon Musk Steps Down from Trump’s Government Efficiency Role Amid Policy Disputes
Elon Musk Steps Down from Trump’s Government Efficiency Role Amid Policy Disputes

Elon Musk announced his resignation from leading the Department of Government Efficiency (DOGE), citing disagreements with President Donald Trump’s recent "One Big, Beautiful Bill Act." Musk criticized the bill for increasing the budget deficit and undermining efforts to reduce federal spending. Their collaboration began in 2024 with Musk’s endorsement of Trump and his appointment to DOGE. Despite initial support, the partnership has cooled as Musk steps back to focus on his business ventures.

Trump Grants Pardons to Politicians, Rapper NBA YoungBoy, and Others
Trump Grants Pardons to Politicians, Rapper NBA YoungBoy, and Others

Former President Trump granted pardons to a range of individuals including rapper NBA YoungBoy, former Governor John Rowland, TV personalities Todd and Julie Chrisley, and others. This series of pardons, influenced by pardon czar Alice Marie Johnson, reflects Trump's expansive use of executive clemency covering political figures, entertainers, and more.

US to Revoke Visas of Chinese Students Amid Visa Policy Overhaul
US to Revoke Visas of Chinese Students Amid Visa Policy Overhaul

U.S. Secretary of State Marco Rubio announced plans to revoke visas of Chinese students, especially those with ties to the Chinese Communist Party or studying critical fields. The State Department will also revise visa criteria to tighten scrutiny on future applications from China and Hong Kong. These actions reflect a broader national security strategy amid a high number of Chinese students in the U.S.