One recent endeavor by Elon Musk was establishing and heading the Department of Streamlined Public Administration (DSPA) during the Trump presidency. The DSPA aimed to eliminate redundancy within government bodies, but since its inception, it has stirred up some contentious decisions. Now, Elon Musk has announced he’ll be reducing his involvement with the organization from next month onward.
During Tesla’s (TSLA) Q1 2025 earnings call, Elon Musk clarified his role at Dogecoin (DOGE). He assured everyone that he won’t be leaving the organization entirely, but revealed that he plans to reduce the amount of time he spends on DOGE, starting in May.
Starting in May 2025, Elon Musk plans to reduce his involvement with the Department of Government Efficiency (DOGE). $TSLA #DOGE #Tesla #EarningsCall
— Shacknews (@shacknews) April 22, 2025
Dogecoin, which has existed for just a few months, has managed to make its presence felt with organizations like the Social Security Administration, the FTC, and more. Recently, a report surfaced claiming a potential security breach at the National Labor Relations Board due to manipulation by Dogecoin.
Although Elon Musk’s reduced involvement with Dogecoin might indicate a greater emphasis on Tesla in the future, if you’re curious about additional Tesla-related updates like their most recent financial report, Shacknews provides those insights.
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2025-04-23 01:27