The president of the United States, Donald Trump, has confirmed that the millionaire Elon Muskwill abandon the structure created from the White House to execute a cuts policy that has left thousands of public employees in the street and has also closed some of the most veteran US agencies. The CEO of Tesla and Spacex, also owner of the social network X, will leave the government “in a few months”, as the Republican President has assured on an Air Force One flight to Florida.
“Elon is great. But he also has to direct a large number of companies,” said the president this Thursday, during a meeting with the press aboard the Air Force One. Trump has insisted that Musk can stay “all the time he wants”, although he has clarified that “at some point he will have to leave.” When asked if the departure will be immediate, the Republican has assured that he will remain “a few more months”, but has also pointed out that the businessman “will return to his business in full time.”
According to and the ABC chain, Donald Trump has already told several members of his cabinet that Elon Musk will leave his position in Doge “the coming weeks.” The White House spokeswoman, Karoline Leavitt, has denied information that has branded “garbage”, although he has confirmed that the original intention of the plan was that the millionaire left the government once “completes his incredible work.”
The stage of the billionaire within the White House has been one of the most convulsive of this new administration. Although, the political cost begins to take its toll on Elon Musk. In just two months, mass dismissals and the closure of several government agencies have resulted in street protests, even in areas dominated by Republicans.
Also to the companies owned by Elon Musk, especially in Tesla. The millionaire’s fortune is closely linked to the stock market value of the electric car manufacturer, which have become the objective of multiple attacks in recent weeks, with vandalism in the brand’s dealerships as an act of protest against the role of Musk within the Trump administration and its responsibility in the cuts.
Tesla’s shares, which already accumulated a 32% drop in the last year, have collapsed this Wednesday after knowing that the sales of the first quarter have been well below expected: 336,681 units, 13% less than in 2024. That same day, investors punished the company with a decrease of 4.61% in the stock exchange. To the bad results are added the growing rejection of consumers to the political activity of Trump’s already entrepreneur, which has applied a universal rise in 10%rates, a figure that rises in.
The most symbolic blow, however, has come from the electoral field. Musk was personally involved in Judge Brad Schimel’s campaign, conservative candidate for the Supreme Court of Wisconsin, with a millionaire investment channeled through America PAC. The support has not been of anything: Schimel lost the elections on Tuesday, at the first big date at the polls since Trump returned to the White House.
Despite the wear, the president continues to defend his ally publicly. “He is doing a fantastic job,” he repeated. Sources cited by Politico say that the relationship between the two will remain intact, although Musk goes on to occupy a less visible role. One of them has made it clear that whoever believes that the tycoon will disappear from the presidential environment “is deceiving himself.”
Musk, 53, has recovered first place as the richest person on the planet, according to Forbes magazine. Its assets, estimated at 342,000 million dollars, makes it the most wealthy millionaire that the publication has ever registered. Trump himself, which also appears on the list, has doubled his fortune thanks to his real estate businesses and the income obtained for the sale of NFT and merchandising.
