Elon Musk bids farewell — sort of — to Trump Cabinet, claims DOGE saved $160 billion
Publishing timestamp: 2025-04-30 18:05:24
Summary
Elon Musk's federal workforce slashing initiative has saved $160 billion, far less than his original projections. He plans to work just one or two days a week on his Department of Government Efficiency going forward. Despite initial claims of slashing $2 trillion from the federal budget, experts estimate the actual savings could be far smaller. Musk will now allocate more time to Tesla.
Sentiment: MIXED
Tickers: TSLA,
Keywords: business news, politics, breaking news: politics, business, donald j. trump, tesla inc, donald trump, elon musk,
Source: https://www.cnbc.com/2025/04/30/elon-musk-trump-cabinet-doge-tesla.html