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Elon Musk's Government Efficiency Push: A Closer Look at His Financial Gains and Losses
Saturday, May 31, 2025 - 12:15pm | 347Elon Musk, the world’s wealthiest individual and the CEO of Tesla Inc., SpaceX, and xAI, has stepped down from his official role with President Donald Trump’s Department of Government Efficiency (DOGE). What Happened: Musk’s decision comes amidst significant fluctuations in his...
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Bono Tells Joe Rogan That 300,000 People Have Died From DOGE-Led USAID Cuts: Elon Musk Calls Him A Liar, Says 'Zero People Have Died'
Saturday, May 31, 2025 - 3:04am | 542In a podcast conversation that was made public Friday, U2 frontman Paul David Hewson, popularly known by the nickname Bono, told Joe Rogan that over 300,000 people have died globally due to severe cuts to U.S. Agency for International Development (USAID) funding led by Elon Musk's Department of...
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Elon Musk's $175 Billion In DOGE Cut Falls Far Short Of The Billionaire's Goal: 'Expect To Achieve Over Time The Trillion Dollars Of Savings,' Says Tesla CEO
Friday, May 30, 2025 - 11:57pm | 795Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk concluded his controversial four-month tenure leading the Department of Government Efficiency (DOGE) on Friday, with President Donald Trump honoring him with a golden key to the White House despite falling far short of promised savings. What Happened: Speaking...
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Elon Musk's Long-Time Lieutenant Exits DOGE As Tesla CEO Steps Down From Government Work: Staffers At Agency Surprised
Friday, May 30, 2025 - 1:50am | 474The leadership reshuffle at the Department of Government Efficiency (DOGE) continues as Steve Davis, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's longtime lieutenant, departs following the billionaire's exit announcement. What Happened: The White House confirmed Thursday that Davis, who managed daily...
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Trump Says He Is Having Elon Musk Over At The White House Tomorrow For A Press Conference As Billionaire Exits Government: 'This Will Be His Last Day, But Not Really…'
Thursday, May 29, 2025 - 9:32pm | 465On Thursday night, President Donald Trump said that he will host Elon Musk at the White House on Friday to mark the Tesla Inc. (NASDAQ:TSLA) CEO's departure from his official role leading the administration's Department of Government Efficiency. What Happened: In a post on Truth Social, Trump said...
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Tesla Stock Gains 2.9% In Overnight Trade As Elon Musk Ends DOGE Government Role
Thursday, May 29, 2025 - 12:14am | 624Tesla Inc. (NASDAQ:TSLA) shares jumped over 2.9% in overnight trading to $367.32 following CEO Elon Musk‘s announcement that his role as Special Government Employee leading the Department of Government Efficiency (DOGE) has concluded. What Happened: The electric vehicle maker closed regular...
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Nvidia, Apple, Amazon, Tempus AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, May 28, 2025 - 10:46pm | 940On Wednesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average falling 0.6% to 42,098.70 and the S&P 500 slipping by a similar margin to 5,888.55. The Nasdaq shed 0.5% to finish at 19,100.94. However, stock futures rebounded after a court overturned the Trump tariffs...
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Elon Musk 'Occupies A Continuing Position' And 'Exercises Significant Authority' In Trump Administration, Judge Says: Allows Lawsuit To Proceed
Wednesday, May 28, 2025 - 6:23am | 435Elon Musk's influence on the Trump administration will encounter further legal scrutiny after a federal judge allowed a constitutional challenge against him to move forward. The case, brought by 14 states, focuses on Musk's leadership of the Department of Government Efficiency (DOGE), which has...
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Elon Musk Admits He Spent 'Too Much Time' On Politics After Tesla Sales Decline In Multiple Regions
Wednesday, May 28, 2025 - 4:32am | 534Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk admitted that he was spending "too much time" on politics amid the EV giant's poor sales figures and increasing backlash among consumers. What Happened: "I think I probably did spend a bit too much time on politics," Musk said when asked about whether his...
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Elon Musk 'Disappointed' With Trump's 'Big Beautiful Bill,' Says It 'Undermines The Work That The DOGE Team Is Doing'
Tuesday, May 27, 2025 - 11:57pm | 517Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk expressed disappointment with President Donald Trump‘s massive spending package, saying that the legislation “undermines the work” that the Department of Government Efficiency team is doing. The comments come as bond markets react sharply to...
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Trump Administration Challenges Judge's Block On Federal Layoffs: 'President Must Retain The Ability,' Says Official
Friday, May 23, 2025 - 11:45pm | 499The Trump administration has appealed a federal judge’s decision to extend a block on mass layoffs within federal agencies. This appeal follows U.S. District Judge Susan Illston’s ruling, which temporarily halted the layoffs pending the resolution of ongoing lawsuits. What Happened: The...
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Elon Musk's Grok AI Is Quietly Being Deployed Across US Government Agencies — Experts Warn It Could Breach Privacy Laws And Create Serious Conflicts Of Interest: Report
Friday, May 23, 2025 - 11:36pm | 737Elon Musk's artificial intelligence chatbot, Grok, is reportedly being quietly used within U.S. government agencies under the direction of his Department of Government Efficiency (DOGE) team. What Happened: The AI tool, developed by Musk's company xAI, is being used to analyze federal data, prepare...
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DOGE Terminates Navy's $170 Million Cloud Backup Contract, Leaving Critical Pay And Promotion Data Vulnerable
Friday, May 23, 2025 - 6:40am | 466A crucial Navy server that stores vital pay and promotion data remains exposed without a disaster recovery plan after a contract to transfer the information to the cloud was canceled by the Department of Government Efficiency (DOGE). What Happened: Earlier this month, DOGE terminated a $170 million...
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Elon Musk Wants The US Government To Hang Up The Phone: 'Government Is Wasting About $100 Million Per Year On Unused Phone Lines'
Thursday, May 22, 2025 - 12:36am | 494Tesla Inc. (NASDAQ:TSLA) Elon Musk amplified a cost-cutting move by President Donald Trump's Department of Government Efficiency (DOGE) on Wednesday, stating that the U.S. government may be wasting $100 million a year on inactive phone lines. What Happened: In a post on X, formerly Twitter, DOGE's...
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DOGE Is Hiring Even As It Slashes Federal Jobs—Candidate Reveals A Fast-Paced Five-Step Interview Process With Six-Figure Salaries On The Table
Wednesday, May 21, 2025 - 8:12am | 461DOGE might be slashing roles across federal agencies, but the department itself is on a hiring spree. According to a candidate who recently applied for a position, the hiring process involves a five-stage interview process that takes place over a couple of weeks. What Happened: The applicant told...