
Tesla CEO Elon Musk to head government efficiency department during Trump term
Elon Musk, outspoken and controversial CEO of Tesla and SpaceX, wasn’t shy about supporting U.S. President-elect Donald Trump. Shy or not, Musk’s relationship with the president-elect is culminating with a top role in the newly created “Department of Government Efficiency” (DOGE).
Tesla CEO Elon Musk will join Vivek Ramaswamy to head the new Department of Government Efficiency (DOGE)
Elon Musk, CEO of Tesla and the current richest living person, will join Republican former presidential candidate Vivek Ramaswamy to head the DOGE. The “Department of Government Efficiency” is a newly created U.S. Government department with cost-cutting in its sights.
The DOGE will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” according to a statement from President-elect Trump.
Of course, if the DOGE were an official government entity, Elon Musk would become a government employee. Understandably, that would create a conflict of interest for Musk’s positions and financial interests in companies like Tesla. However, the upcoming president claimed that the new department will give “advice and guidance from outside of government.”
According to Reuters, the statement likely represents a less-than-formal role for Elon Musk and Vivek Ramaswamy. As such, Musk will likely maintain the helm of Tesla and SpaceX for the foreseeable future.
The news follows Musk’s reported donation of millions of dollars to the former president’s campaign. Still, despite critics citing likely conflicts of interest, Musk claims that transparency will be an important part of the new advisory department.
“All actions of the Department of Government Efficiency will be posted online for maximum transparency,” Elon Musk said on X, another Musk property. Humorously, the acronym representing the newly announced department matches up with dogecoin, a cryptocurrency that Musk holds and promotes. Moreover, dogecoin’s value is soaring following the DOGE announcement, per AP.