US Treasury Secretary Bessent: Elon Musk completed significant tasks; DOGE will not end with Elon
PorAinvest
jueves, 29 de mayo de 2025, 6:13 pm ET1 min de lectura
TSLA--
During his time at DOGE, Musk oversaw significant changes, including the reduction of 260,000 federal employees through layoffs, buyouts, and early retirements. However, his efforts have been met with criticism and legal challenges. A lawsuit by 14 states alleges constitutional violations and unauthorized access to government data systems [2].
US Treasury Secretary Bessent has assured that DOGE's mission will continue despite Musk's departure. "Elon Musk completed significant tasks during his tenure, and his contributions will not be forgotten," Bessent stated. "DOGE will continue to focus on reducing wasteful spending and improving government efficiency, regardless of who is at the helm."
Musk's exit from DOGE comes as Tesla stock rose 2.4% in Thursday morning trading, indicating a positive market response to the news. Analysts at Wedbush Securities led by Dan Ives noted that Musk's renewed focus on Tesla will likely benefit the company's core operations and shareholder value [1].
Despite the challenges faced by DOGE, Musk's tenure has left a lasting impact on the federal government's approach to efficiency and cost-cutting. The department's reported savings of $175 billion, however, have been disputed by multiple independent audits [2].
As Musk shifts his focus back to Tesla, the company is said to be negotiating a pay package that would lock him in, with Musk promising to continue leading the company for the next five years, barring any unexpected events [1].
References:
[1] https://qz.com/elon-musk-doge-tesla-trump-1851782907
[2] https://thebitjournal.com/elon-musk-exits-doge-after-reaching-legal/
US Treasury Secretary Bessent: Elon Musk completed significant tasks; DOGE will not end with Elon
Elon Musk has officially concluded his tenure as the leader of the Department of Government Efficiency (DOGE), marking the end of his 130-day term as a Special Government Employee under President Donald Trump. Musk's departure follows a period of intense bureaucratic resistance and legal scrutiny, as he faced challenges in reducing federal spending and workforce size [1].During his time at DOGE, Musk oversaw significant changes, including the reduction of 260,000 federal employees through layoffs, buyouts, and early retirements. However, his efforts have been met with criticism and legal challenges. A lawsuit by 14 states alleges constitutional violations and unauthorized access to government data systems [2].
US Treasury Secretary Bessent has assured that DOGE's mission will continue despite Musk's departure. "Elon Musk completed significant tasks during his tenure, and his contributions will not be forgotten," Bessent stated. "DOGE will continue to focus on reducing wasteful spending and improving government efficiency, regardless of who is at the helm."
Musk's exit from DOGE comes as Tesla stock rose 2.4% in Thursday morning trading, indicating a positive market response to the news. Analysts at Wedbush Securities led by Dan Ives noted that Musk's renewed focus on Tesla will likely benefit the company's core operations and shareholder value [1].
Despite the challenges faced by DOGE, Musk's tenure has left a lasting impact on the federal government's approach to efficiency and cost-cutting. The department's reported savings of $175 billion, however, have been disputed by multiple independent audits [2].
As Musk shifts his focus back to Tesla, the company is said to be negotiating a pay package that would lock him in, with Musk promising to continue leading the company for the next five years, barring any unexpected events [1].
References:
[1] https://qz.com/elon-musk-doge-tesla-trump-1851782907
[2] https://thebitjournal.com/elon-musk-exits-doge-after-reaching-legal/
Divulgación editorial y transparencia de la IA: Ainvest News utiliza tecnología avanzada de Modelos de Lenguaje Largo (LLM) para sintetizar y analizar datos de mercado en tiempo real. Para garantizar los más altos estándares de integridad, cada artículo se somete a un riguroso proceso de verificación con participación humana.
Mientras la IA asiste en el procesamiento de datos y la redacción inicial, un miembro editorial profesional de Ainvest revisa, verifica y aprueba de forma independiente todo el contenido para garantizar su precisión y cumplimiento con los estándares editoriales de Ainvest Fintech Inc. Esta supervisión humana está diseñada para mitigar las alucinaciones de la IA y garantizar el contexto financiero.
Advertencia sobre inversiones: Este contenido se proporciona únicamente con fines informativos y no constituye asesoramiento profesional de inversión, legal o financiero. Los mercados conllevan riesgos inherentes. Se recomienda a los usuarios que realicen una investigación independiente o consulten a un asesor financiero certificado antes de tomar cualquier decisión. Ainvest Fintech Inc. se exime de toda responsabilidad por las acciones tomadas con base en esta información. ¿Encontró un error? Reportar un problema
SOBRE NOSOTROS
Nuestra historiaAutores de noticiasBase de conocimientosPolítica de privacidadTérmino de usoDescargo de responsabilidad de corretaje de tercerosTérminos de uso de AIMEDivulgaciones de riesgos de AInvest AICarrerasCONTÁCTENOS
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comentarios
Aún no hay comentarios