logo
#

Latest news with #TheGodfather

Black-eyed Musk denies drug use as US govt tenure ends
Black-eyed Musk denies drug use as US govt tenure ends

The Advertiser

timea day ago

  • Business
  • The Advertiser

Black-eyed Musk denies drug use as US govt tenure ends

US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency (DOGE), disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official on Wednesday said Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said on Friday from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie The Godfather. In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Musk also addressed a New York Times report published on Friday, which alleged he used drugs "more intensely than previously known" during 2024's election campaign when he actively supported Trump. Citing anonymous sources, the report claimed Musk's drug use included ecstasy, psychedelic mushrooms, stimulants like Adderall, and large quantities of ketamine that allegedly began affecting his bladder. "Is that the same publication that won a Pulitzer for fake news about Russiagate? Is it the same one? I think it is!" Musk responded, quickly moving on to take a question from another reporter. Sporting a bruise near his right eye, Musk also offered some levity during the press conference. When asked about the bruise, Musk blamed his five-year-old son, X. "II was joking around with little X, told him, 'Come on, punch me in the face', and he did," said Musk, adding that the mark had nothing to do with France. His comment referenced a viral incident earlier this week in which French First Lady Brigitte Macron was caught on camera slapping French President Emmanuel Macron during a public event. Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around Friday as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). with EFE US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency (DOGE), disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official on Wednesday said Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said on Friday from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie The Godfather. In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Musk also addressed a New York Times report published on Friday, which alleged he used drugs "more intensely than previously known" during 2024's election campaign when he actively supported Trump. Citing anonymous sources, the report claimed Musk's drug use included ecstasy, psychedelic mushrooms, stimulants like Adderall, and large quantities of ketamine that allegedly began affecting his bladder. "Is that the same publication that won a Pulitzer for fake news about Russiagate? Is it the same one? I think it is!" Musk responded, quickly moving on to take a question from another reporter. Sporting a bruise near his right eye, Musk also offered some levity during the press conference. When asked about the bruise, Musk blamed his five-year-old son, X. "II was joking around with little X, told him, 'Come on, punch me in the face', and he did," said Musk, adding that the mark had nothing to do with France. His comment referenced a viral incident earlier this week in which French First Lady Brigitte Macron was caught on camera slapping French President Emmanuel Macron during a public event. Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around Friday as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). with EFE US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency (DOGE), disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official on Wednesday said Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said on Friday from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie The Godfather. In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Musk also addressed a New York Times report published on Friday, which alleged he used drugs "more intensely than previously known" during 2024's election campaign when he actively supported Trump. Citing anonymous sources, the report claimed Musk's drug use included ecstasy, psychedelic mushrooms, stimulants like Adderall, and large quantities of ketamine that allegedly began affecting his bladder. "Is that the same publication that won a Pulitzer for fake news about Russiagate? Is it the same one? I think it is!" Musk responded, quickly moving on to take a question from another reporter. Sporting a bruise near his right eye, Musk also offered some levity during the press conference. When asked about the bruise, Musk blamed his five-year-old son, X. "II was joking around with little X, told him, 'Come on, punch me in the face', and he did," said Musk, adding that the mark had nothing to do with France. His comment referenced a viral incident earlier this week in which French First Lady Brigitte Macron was caught on camera slapping French President Emmanuel Macron during a public event. Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around Friday as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). with EFE US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency (DOGE), disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official on Wednesday said Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said on Friday from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie The Godfather. In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Musk also addressed a New York Times report published on Friday, which alleged he used drugs "more intensely than previously known" during 2024's election campaign when he actively supported Trump. Citing anonymous sources, the report claimed Musk's drug use included ecstasy, psychedelic mushrooms, stimulants like Adderall, and large quantities of ketamine that allegedly began affecting his bladder. "Is that the same publication that won a Pulitzer for fake news about Russiagate? Is it the same one? I think it is!" Musk responded, quickly moving on to take a question from another reporter. Sporting a bruise near his right eye, Musk also offered some levity during the press conference. When asked about the bruise, Musk blamed his five-year-old son, X. "II was joking around with little X, told him, 'Come on, punch me in the face', and he did," said Musk, adding that the mark had nothing to do with France. His comment referenced a viral incident earlier this week in which French First Lady Brigitte Macron was caught on camera slapping French President Emmanuel Macron during a public event. Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around Friday as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). with EFE

Trump lauds Musk in Oval Office as billionaire's turbulent tenure ends
Trump lauds Musk in Oval Office as billionaire's turbulent tenure ends

The Sun

timea day ago

  • Business
  • The Sun

Trump lauds Musk in Oval Office as billionaire's turbulent tenure ends

U.S. President Donald Trump praised billionaire Elon Musk's efforts to cut federal spending during a joint press conference in the Oval Office on Friday, as the Tesla CEO departs the administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. 'Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations,' Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a t-shirt that read 'The Dogefather' in the style of the movie 'The Godfather.' In recent days, Musk had prompted some frustration among White House officials by criticizing Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. 'Elon is really not leaving,' Trump said. 'He's going to be back and forth.' Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $300 million backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $2 trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $175 billion. But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. U.S. Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $19 billion in combined spending compared to the same period last year, far below Musk's original target and amounting to just about a half of 1% of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. 'This is not the end of DOGE but really the beginning,' he said.

Trump praises Musk as DOGE tenure ends, savings fall short
Trump praises Musk as DOGE tenure ends, savings fall short

The Sun

timea day ago

  • Business
  • The Sun

Trump praises Musk as DOGE tenure ends, savings fall short

U.S. President Donald Trump praised billionaire Elon Musk's efforts to cut federal spending during a joint press conference in the Oval Office on Friday, as the Tesla CEO departs the administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. 'Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations,' Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a t-shirt that read 'The Dogefather' in the style of the movie 'The Godfather.' In recent days, Musk had prompted some frustration among White House officials by criticizing Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. 'Elon is really not leaving,' Trump said. 'He's going to be back and forth.' Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $300 million backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $2 trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $175 billion. But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. U.S. Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $19 billion in combined spending compared to the same period last year, far below Musk's original target and amounting to just about a half of 1% of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. 'This is not the end of DOGE but really the beginning,' he said.

Trump, Musk offer show of unity as Tesla chief departs government
Trump, Musk offer show of unity as Tesla chief departs government

Straits Times

timea day ago

  • Business
  • Straits Times

Trump, Musk offer show of unity as Tesla chief departs government

US President Donald Trump (right) bidding farewell to billionaire Elon Musk on May 30, as he departs the Trump administration to focus on his business empire. PHOTO: EPA-EFE WASHINGTON - US President Donald Trump said on May 30 that billionaire Elon Musk will remain a close adviser, even after the Tesla chief executive officer departs the administration following a chaotic four-month tenure that saw him disrupt dozens of agencies in his effort to slash government spending. During a joint press conference in the Oval Office, Mr Trump lauded Mr Musk and defended his cost-cutting campaign as the head of the Department of Government Efficiency, or Doge. The group has eliminated thousands of jobs and cancelled billions of dollars in spending - including the majority of US foreign aid - but has thus far fallen far short of Mr Musk's lofty initial promises. 'Elon is really not leaving. He's going to be back and forth,' Mr Trump said from behind the Resolute desk, as Mr Musk stood to his right, wearing a black Doge hat and a T-shirt that read 'The Dogefather' in the style of the movie The Godfather. The press conference appeared aimed at showing unity after Mr Musk prompted frustration among White House officials this week by criticising Mr Trump's sweeping tax and spending Bill as too expensive. Some senior aides, including deputy chief of staff Stephen Miller and chief of staff Susie Wiles, saw Mr Musk's remarks on the tax Bill as an open break from the administration, with Mr Miller particularly irked by the comments, a source familiar with the matter said. Mr Trump gave Mr Musk a large golden key inside a wooden box bearing his signature, a gift he said he reserved only for "very special people." Mr Musk, in turn, admired the gold finishings that Mr Trump has installed around the Oval Office. The White House and senior aides had insisted earlier in Mr Trump's term that Mr Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Mr Musk, meanwhile, has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that Doge was occupying too much of his time. He has also said he plans to ratchet back his political donations, after he spent nearly US$300 million (S$390 million) backing Mr Trump's presidential campaign and those of other Republicans in 2024. But he told reporters on May 30 that he would continue to be part of Mr Trump's circle of advisers. "I expect to remain a friend and an adviser, and certainly, if there's anything the president wants me to do, I'm at the president's service," he said. US President Donald Trump holding his gift for billionaire Elon Musk during their farewell meeting at the White House on May 30. PHOTO: EPA-EFE Cuts fall short Mr Musk initially claimed Doge would slash at least US$2 trillion in federal spending. Four months into its efforts, Doge now estimates it has saved US$175 billion. But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. US Treasury summaries reviewed by Reuters show that the agencies targeted by Doge have cut about US$19 billion in combined spending compared to the same period in 2024, far below Mr Musk's original target and amounting to just about 0.5 per cent of total federal expenditures. Mr Trump and Doge have managed to cut nearly 12 per cent, or 260,000, of the 2.3 million-strong federal civilian workforce largely through threats of firings, buyouts and early retirement offers, a Reuters review of agency departures found. Mr Musk's prominent status as the face of Doge's cost-cutting efforts has prompted widespread protests at Tesla outlets in the US and Europe, driving down both its sales and its stock price. Mr Musk said on May 30 that downsizing the government had proven more difficult than he expected, blaming what he called the "banal evil of bureaucracy." But he also expressed confidence that Doge would eventually achieve much deeper savings. "This is not the end of Doge but really the beginning," he said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Trump lauds Musk as billionaire's turbulent tenure ends
Trump lauds Musk as billionaire's turbulent tenure ends

The Advertiser

timea day ago

  • Business
  • The Advertiser

Trump lauds Musk as billionaire's turbulent tenure ends

US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie "The Godfather." In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. US Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $US19 billion ($A30 billion) in combined spending compared to the same period last year, far below Musk's original target and amounting to just about 0.5 per cent of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. "This is not the end of DOGE but really the beginning," he said. US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie "The Godfather." In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. US Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $US19 billion ($A30 billion) in combined spending compared to the same period last year, far below Musk's original target and amounting to just about 0.5 per cent of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. "This is not the end of DOGE but really the beginning," he said. US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie "The Godfather." In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. US Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $US19 billion ($A30 billion) in combined spending compared to the same period last year, far below Musk's original target and amounting to just about 0.5 per cent of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. "This is not the end of DOGE but really the beginning," he said. US President Donald Trump has praised billionaire Elon Musk's efforts to cut federal spending, as the Tesla boss departs his administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts. Musk, who headed the Department of Government Efficiency, disrupted numerous agencies across the federal bureaucracy but ultimately fell far short of the massive savings he had initially promised. A White House official said on Wednesday that Musk would be leaving the administration. "Elon has worked tirelessly helping lead the most sweeping and consequential government reform program in generations," Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read "The Dogefather" in the style of the movie "The Godfather." In recent days, Musk had prompted some frustration among White House officials by criticising Trump's sweeping tax and spending bill as too expensive. Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments. There was no evidence of tension during the joint appearance on Friday, where Trump said Musk would continue to play a role in his administration. "Elon is really not leaving," Trump said. "He's going to be back and forth." Initially, the White House and senior aides insisted Musk, the world's richest man, was a key figure who wasn't going anywhere. But more recently, they began pointing to the expiration of his 130-day mandate as a special government employee, which was set to end around May 30, as a natural endpoint. Musk has said he intends to devote most of his energy to his business empire, including Tesla and SpaceX, after some investors expressed concern that DOGE was occupying too much of his time. He has also said he plans to ratchet back his political spending, after he spent nearly $US300 million ($A467 million) backing Trump's presidential campaign and those of other Republicans in 2024. Musk initially claimed DOGE would slash at least $US2 ($A3.1) trillion in federal spending. Four months into its efforts, DOGE now estimates it has saved $US175 billion ($A272 billion). But the details it has posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure. US Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $US19 billion ($A30 billion) in combined spending compared to the same period last year, far below Musk's original target and amounting to just about 0.5 per cent of total federal expenditures. Musk said on Friday that he would continue to serve as a Trump adviser and expressed confidence that DOGE would eventually achieve much deeper savings. "This is not the end of DOGE but really the beginning," he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store