President Donald Trump told the members of his Cabinet and close advisers that Elon Musk plans to stop serving as a special government adviser.
During an interview with Fox News’ Bret Baier Elon Musk confirmed his expectations to reach the $1 trillion federal spending reduction within 130 days according to federal law parameters.
Musk served the Trump administration as a “special government employee” to work on the Department of Government Efficiency.
Sources indicate that Musk will depart the government role before his original May departure date. Trump and Musk reached a consensus to let the Tesla CEO move back to private business operations based on Politico reports.
The United States president shows no dissatisfaction regarding Musk’s work on government spending cuts although the timing aligns with multiple controversies surrounding the Tesla CEO.
The speed with which he has taken to reduce federal bureaucracy has attracted negative attention which led to Tesla stock experiencing substantial sales decreases.
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The $20 million donation Musk made toward a Wisconsin Supreme Court candidacy ended in defeat for his Republican candidate and intensified discussions about his political power.
Musk plans to resume his role as CEO of his entrepreneurial projects including Tesla and SpaceX and his other innovative ventures.
The short government stint of Musk under Trump administration has reached its conclusion as he leaves his administrative position.
People await to discover what impact this change will create for both Musk’s business ventures and Trump’s administration policies.