In a recent update from COINOTAG News on April 1st, it has been highlighted that Elon Musk, holding dual roles as CEO of Tesla and SpaceX, is classified as a special government employee. This designation limits his tenure at the Department of Government Efficiency (DOGE) to 130 days. U.S. President Trump expressed optimism regarding Musk’s potential return to his private ventures following his government responsibilities, emphasizing his desire to retain Musk for as long as feasible due to his exceptional talent. “He’s a remarkable individual with significant obligations, and I anticipate he will eventually return,” Trump stated. In an interview with Fox News on March 27th, Musk articulated his ambition to streamline government spending by up to $1 trillion, aiming to meet this objective by the end of May prior to transitioning back to his corporate endeavors.
Source: https://en.coinotag.com/breakingnews/musks-limited-time-at-doge-impacts-on-tesla-and-spacex-amid-1-trillion-government-spending-goals/