Elon Musk left his post: “The political sphere was harder than I expected”

Musk announced that he resigned from the federal productivity. As he approached the limit of his term of office, he described the bureaucracy in Washington as “uphill struggle”.

Elon Musk officially announced that he has resigned from his position in the Federal Savings policy in the United States. This task, which was called Dogge (Department of Government Effeciency) and refers to the crypto currency, aims to reduce federal waste. However, Musk acknowledged that oluşturşa much more challenging than it expected ve and spent much time on the political sphere. The official duration of the task ends on May 30th.

🏛️ What is Dogge Mission?

Since January 20, 2025, when Trump re -appointed, he had the mission of reducing federal expenditures.

For 130 days, Musk directed this project as a “private government employee”.

Within the scope of the project, 260,000 public employees (approximately 12 %) were dismissed and early retirement and purchasing offers were presented.

Although Doge claims to save $ 175 billion, the accuracy of this figure is questioned by many news organizations.

💬 Explanations from Elon Musk

“I thank President Trump for giving me this task,” he said in his sharing on May 29th.

“Federal bureaucracy is much worse than I expected,” The Washington told The Washington Post on May 27th.

In a separate statement to the CBS, the trillion -dollar tax deduction package approved on May 22 will increase the budget deficit and underwent the work of Doge, he said.

⚖️ The case process has also started

A lawsuit filed by 14 states claims that Musk and Doga use government authority contrary to the Constitution.

The accusations include unauthorized access to data systems, dismissal of employees unlawful and cancellation of federal conventions.

🧭 Decision of Politics

In an interview with Ars Technica, Musk said in an interview dated 28 May, “I probably spent some more time on politics,” he said.

However, Dowe said that the time he devoted to his duty was exaggerated in the media and that it has decreased significantly in recent weeks.

Following this statement, Tesla (TSLA) shares rose by more than 5 %, although the company’s net income decreased by 80 %.

💰 The presence of Tesla and Bitcoin

As of March 31, Tesla’s reserve had 11,509 BTC. The value of this amount that day is about $ 1.24 billion.

Tesla shares have lost 5.9 %since the beginning of the year. However, this decrease is in parallel with the general performance of major technology companies such as Apple, Nvidia, Amazon and Google in 2025.