As Elon Musk nears end of 130-day DOGE stint, he's $113billion down
Briefly

Elon Musk's role as a special government employee has led to turmoil in the U.S. government, where he influenced policies while his companies gained financially. His private ventures such as SpaceX and Neuralink saw increased funding during this time. However, Tesla Inc., the only publicly traded company he runs, faced substantial backlash resulting in a 33% drop in stock prices and a personal loss of $113 billion in wealth. As public anger directed primarily at Musk grew, it overshadowed Trump's own accountability.
Elon Musk's influence in Washington has brought chaos to the US government, resulting in a significant decline in Tesla's stock and his personal wealth.
Despite promising to reduce government spending, Musk's efforts through DOGE have only resulted in a savings of $160 billion, far less than expected.
Read at www.mercurynews.com
[
|
]