Overview

• Elon Musk has officially stepped back from in-person leadership of the Department of Government Efficiency (DOGE), now serving as a phone-based advisor as the department relocates to the Eisenhower Executive Office Building.
• DOGE claims $160 billion in savings under Musk's tenure, but a CBS-commissioned bipartisan report estimates $135 billion in additional costs due to implementation challenges.
• Tesla has reported a 9% drop in quarterly revenue and a 71% decline in net income, intensifying scrutiny of Musk's divided focus between his government role and the company.
• The Wall Street Journal reported Tesla's board had begun exploring CEO succession options, but Tesla has publicly denied these claims, calling them 'absolutely false.'
• President Trump has assured Musk of his continued advisory role in the White House, though Musk has announced plans to dedicate more time to Tesla moving forward.