Elon Musk, temporarily working in the White House, is nearing the end of his appointment, while the D.O.G.E project is coming to a close, according to President Donald Trump.
Legalities of Elon Musk's White House Tenure
Elon Musk is currently working in Washington under a temporary federal appointment with a limit of 130 days, which expires at the end of May. However, in February, sources in the White House claimed Musk would remain. As history shows, though, President Trump often changes his mind.
Tesla's Troubles and Economic Impact
Tesla is experiencing one of its worst downturns in years. The company's stock dropped 36% in the first quarter of 2025, losing over $460 billion in market value. This is due to declining sales across all markets and the public pulling away from the brand. The last time Tesla faced such steep losses was in 2022 when Musk sold $22 billion worth of shares to acquire Twitter, which he later renamed X.
D.O.G.E's Controversial Financial Data
The D.O.G.E project has struggled to defend its financial results as many claims were revised due to errors. Many of Musk's public claims about federal waste and fraud have been flagged as false or misleading, sometimes by his own platform.
The completion of Elon Musk's tenure at the White House and the D.O.G.E project could have significant implications for the country's political and economic landscape. Observers will watch closely how this situation unfolds in the coming days and months.
