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Musk Shifts Focus from DOGE to Tesla Amid Criticism

5/3/2025

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Story summary
  • Elon Musk acknowledged that the Department of Government Efficiency (DOGE) has only cut $160 billion of its $2 trillion target.
  • He intends to shift his focus from DOGE to Tesla amid ongoing criticism and legal challenges.
  • Musk urged DOGE to examine the Federal Reserve's $2.5 billion renovation expenses to promote transparency.
  • Federal Reserve Chair Jerome Powell responded by defending the Fed's budget and staffing decisions.