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The Latest Breaking News from DOGE

Tesla's Long-Term Potential Still Strong, But Musk Must End the Political Firestorm First

Wedbush analysts urged Elon Musk to find a balance between his roles at Tesla and DOGE to avoid damaging the EV brand.

International Business Times UK

Friday essay: why it’s time to ditch the myth of the heroic billionaire

In February, the world’s richest man, Elon Musk, wielded a chainsaw at a conservative gathering as he gleefully spoke of his new role as head of the Department of Government Efficiency (DOGE), where he’ll soon reach his legal term limit. The chainsaw metaphor is brutally apt as he slashes government…

The Conversation

Dear Tesla Stock Fans, DOGE Reprieve Could Finally Be Coming as Soon as May 2025

Elon Musk could reportedly part ways from DOGE by the end of May. Wedbush analyst Dan Ives says it is good news for TSLA stock.

Barchart

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'Fake news': Tesla's Elon Musk dashes investor hopes he may finally be leaving politics, insisting he's not going anywhere

Politico reported the Tesla CEO would soon return to the private sector, triggering a rally in shares of the beleaguered carmaker. Not so fast, says Musk.

Fortune

Musk to remain ‘friend and adviser’ to Trump after leaving Doge, says Vance

Vice-president makes remark after reports that president told cabinet members billionaire will be stepping back

The Guardian - US

Can Elon Musk Save the Day for TSLA Stock After Tesla’s Q1 Delivery ‘Disaster’?

Tesla’s Q1 2025 deliveries fell to multi-quarter lows but the stock still closed in the green yesterday amid reports that Elon Musk is set to leave DOGE. Can the billionaire save the day for Tesla?

Barchart

Doge gained access to sensitive data of migrant children, including reports of abuse

Former officials question the reason for a Doge engineer’s access to the Unaccompanied Alien Children portal

The Guardian - US

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JD Vance boasts about ‘enthusiasm’ over ‘Liberation Day’ tariffs during softball Fox & Friends interview

Elsewhere in the interview, Vance blasted reports that Elon Musk would be stepping back from the administration as ‘fake news’ before acknowledging that his role will soon come to an end.

The Independent UK

Job layoffs hit their highest mark since the pandemic as DOGE firings fuel jump in data

March’s job cuts were the third-highest number of layoffs since the pandemic

The Independent UK

Analysts Sound The Alarm: The Auto Market Is About To Get Bad

Welcome to post-Liberation Day, where corporate America is feeling the heavy-handed effects of tariffs on the market. Repercussions on the car market aren't great—and we're not just talking about stocks here. A very rocky future of automotive pricing is sending car makers and analysts into panic mode as they try…

InsideEVs

DOGE’s private contract crackdown has eliminated more than 120 Deloitte contracts—more twice the amount of any other consultancy

Deloitte is one of at least 10 consulting firms with slashed contracts, including Accenture, which has already warned of downstream revenue losses.

Fortune

CNN political analyst claims President Donald Trump’s advisors are ‘tired of Musk’s presence’

Musk’s approach has been described as like a ‘chainsaw, not a scalpel,’ the New York Times’ chief White House correspondent Maggie Haberman says

The Independent UK

DOGE to Fire All Local Workers, U.S. Diplomats Assigned to USAID: 'This Is Definitely the Final Closing Out'

A federal appeals court on Friday lifter an order that had temporarily halted further cuts by DOGE

Latin Times

Elon Musk Slams 'Fake News' Claims He Is Stepping Down DOGE Government Role

Elon Musk has dismissed reports of his imminent departure from his government role with DOGE as 'fake news,' contradicting claims from some news outlets.

International Business Times UK

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Salon

Trump to advisers: Musk is almost out

A new report from Politico claims Trump is telling insiders that Musk won't be around the White House for long

Fortune

Trump reportedly told members of his Cabinet that Elon Musk will pull back from DOGE 'soon'

The White House rejected these claims, saying Musk will remain at his post.

Latin Times

White House Rejects Report Claiming Musk Will Leave The White House Soon: 'Garbage'

The White House rejected a report claiming that Musk will soon leave the White House for being a growing political liability for the Trump administration

Evening Standard

Donald Trump tells allies that Elon Musk 'will leave Government soon'

Reports claim Tesla CEO will develop an ‘exit strategy’ and return to his businesses

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The Independent UK

Trump has told Cabinet members that Musk will step back to ‘supporting role’ soon

Musk’s designation as a ‘special government employee’ is set to expire in late May or early June

International Business Times

Is Elon Musk Stepping Down From DOGE? What You Need To Know

Elon Musk is expected to step down from his government role in Trump's DOGE initiative amid rising political backlash and internal frustrations, though he will likely remain an influential adviser.

International Business Times

Is Musk's Political Career Descending To Earth?

Elon Musk's rise as President Donald Trump's all-powerful wingman was as rapid and unstoppable as one of his SpaceX rockets.

International Business Times UK

Is Elon Musk Stepping Down From DOGE: What You Need To Know

Elon Musk is expected to step down from his government role in Trump's DOGE initiative amid rising political backlash and internal frustrations, though he will likely remain an influential adviser.

Euronews

Tesla’s turn as 'political stock': Is Musk's rhetoric tanking his own company?

Tesla faces record sell-offs as buyers and investors flee Elon Musk’s embrace of Trump and his politics.

Kiplinger

Stagflation: What It Is and Why Retirees Should Care

Stagflation — the economic bogeyman of the 1970's — may return to the US. Here's what it could mean to your retirement.

Fortune

DOGE’s claimed contract savings of $24.8 billion are ‘overstated,’ BoA says

The cost-cutting team claims to have saved around $24.8 billion in contract cancellations and renegotiations as of March 30, up from $21.6 billion last week.

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