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Elon Musk Announces He Is Stepping Down From DOGE

  • Elon Musk has stepped down from his role in the Department of Government Efficiency (DOGE) as a Special Government Employee, thanking President Trump for the opportunity to reduce wasteful spending.
  • DOGE will continue operations in the government, aiming to reduce inefficiencies, trim federal contracts, and downsize agencies to save money.
  • DOGE claims to have saved around $175 billion by cutting inefficiencies, but fell short of the $1 trillion target for savings.
  • Musk's involvement in DOGE led to controversy as budget cuts affected essential areas like the Consumer Financial Protection Bureau (CFPB) and Pediatric Cancer Research Funding, leading to backlash affecting Tesla.

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