Department Of Government Efficiency

President Donald Trump expressed his thoughts on the government cuts initiated by his one-time advisor, Elon Musk, and dismissed concerns about the impact of Musk’s new political party. What Happened: Trump, during a Cabinet meeting, suggested that he might have executed the...

The U.S. Supreme Court on Tuesday removed a key legal barrier to President Donald Trump‘s mass federal workforce reduction plans, potentially affecting tens of thousands of government employees while reshaping bureaucratic operations that impact market sectors from defense contracting to...

Former DOGE advisor and Tesla Inc. (NASDAQ:TSLA) investor James Fishback says that Elon Musk's decision to found a political party undermines investor confidence in the EV giant. What Happened: "My investment firm has decided to postpone next week’s public listing of our Azoria Tesla...

Elon Musk‘s artificial intelligence startup xAI has hired Katie Miller, wife of President Donald Trump‘s Deputy Chief of Staff Stephen Miller, as a communications manager just as the company secured a controversial permit for its Memphis data center operations. What Happened: The Shelby...

Elon Musk has expressed regret over his chainsaw stunt at the Conservative Political Action Conference (CPAC) in February, acknowledging that it lacked empathy. What Happened: Musk, who has been openly critical of President Donald Trump‘s spending bill, was responding to a comment on social...

Investment advisor Ross Gerber criticized Tesla Inc. (NASDAQ:TSLA) board members on Tuesday for remaining silent as President Donald Trump launched a scathing attack on CEO Elon Musk and federal subsidies supporting his company. What Happened: “Sadly true and it seems Elon is destined to find...

Another key figure at the Department of Government Efficiency, nicknamed “Big Balls”, has reportedly stepped down, following the exit of Elon Musk from the federal initiative meant to reduce wasteful spending. What Happened: Edward Coristine, a 19-year-old high school graduate...

Economic sentiments among some of America’s top corporate leaders have taken a sharp dip during the second quarter, reaching their lowest level since 2020. What Happened: On Wednesday, the Business Roundtable, a non-profit lobbyist association, released its second quarter of 2025 CEO Economic...

During a recent interview at the Y Combinator AI Startup School, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk discussed his time in Washington D.C. and why he almost didn't get his start creating companies on his own. "I never wanted to start a company, I just wanted to be part of building the internet,"...

Mark Cuban reshared a post supporting Rep. Ro Khanna‘s (D-Calif.) “Progressive Deficit Reduction Plan,” which aims to slash the U.S. deficit by $12 trillion over the next decade. What Happened: Khanna detailed the plan, emphasizing $2.4 trillion in spending cuts as a cornerstone...

A highly public feud between Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and President Donald Trump took the world by storm last week and sent shares of the electric vehicle company lower. As the feud continues on, here's a look at where Benzinga readers stand. What Happened: A back-and-forth between...

On Friday, the Supreme Court ruled in favor of granting the Department of Government Efficiency (DOGE) access to sensitive Social Security records. What Happened: The Supreme Court granted the Donald Trump administration's emergency request to lift a lower court's ruling that had blocked DOGE's...

A feud between Tesla (NASDAQ:TSLA) CEO Elon Musk and President Donald Trump could end Musk's ties with the White House — a development welcomed by Tesla protestors. However, "the job is definitely not done,” volunteer organizer Adam Sheridan tells Benzinga. Feud Comes Quicker Than Anticipated...

A feud between Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and President Donald Trump escalated Thursday with comments made in interviews and across social media. The fight sent shares of Tesla lower Thursday and the stock could go lower with the potential for Trump to harm the electric vehicle sector...

A friendship between President Donald Trump and billionaire Elon Musk may be coming to an end, with a heated public falling out due to the "big beautiful bill." What Happened: Musk helped the White House administration in the Department of Government Efficiency and was a close ally of Trump during...