Government efficiency director Elon Musk told Tesla shareholders on Tuesday that he plans to dramatically cut his work for the Trump administration next month.
“From next month, I plan to allocate much more time to Tesla,” the electric vehicle company CEO said in a Tesla Revenue call. According to Business Insider.
Musk said “major work in establishment” has been completed and his “time allocation” to President Trump’s government fee initiative will come in May.
The 53-year-old billionaire tech giant is interested in continuing to spend a day or two a week on government issues “as long as it is useful,” and Trump has shown he’s easy to accept the idea.
Musk was already widely expected to leave his post as the unofficial head of Doge at the end of May, when his Special Civil Service (SGE) status expired.
In accordance with federal regulations, SGES can work in the government for 130 days in a row. He will remain as Doge Chief on May 30th as Tesla, SpaceX and Starlink CEOs.
Earlier this month, Trump admitted to reporters that while Musk hopes to be part of his administration “for as long as possible”, the world’s wealthiest person might want to spend more time on his business efforts.
“We’re not in a hurry, but there will be a point when Elon has to leave,” Trump said on April 3.
The president said he didn’t give an exact date when Musk left the administration, but hopes that it will happen “in a few months.”
Trump insisted that Musk would welcome him to stay “as long as he likes.”
Tesla reported a quarterly net profit fell 71% during the revenue call, but is being targeted by arsonists and vandals across the country over Musk’s work with the Trump administration.
“I think there’s a big mistake being made for Tesla people and customers,” Musk said last month in an interview with Bret Baier, host of Fox News’ Special Report.
“I mean, Tesla is a peaceful company that has made great cars, great products. That’s all,” he insisted. “No one is doing any harm, but people are still committing violence.”
