President-elect Donald Trump has appointed Elon Musk and “American patriot” Vivek Ramaswamy to head the new Department of Government Efficiency (DOGE), a move that is generating both skepticism and anticipation.
Despite criticism about the ineffectiveness of dual leadership, Musk appears to take the role seriously, and his influence could extend even further into the political and regulatory spheres, a position that investors and analysts are closely monitoring.
Musk, known for his stance against bureaucracy and his experience with agencies such as the Federal Aviation Administration, sees in DOGE an opportunity to eliminate regulations that he considers excessive.
According to Musk, reducing federal spending by $2 trillion is not only possible, but also necessary to cut “absurd spending” and curb the size of government. Musk plans to publish the department’s progress and offer citizens the opportunity to comment on programs that could be eliminated.
For Musk, who faces several conflicts of interest with regulatory agencies due to his businesses in SpaceX and Tesla, this role offers more than just symbolic power. The creation of DOGE appears designed to satisfy its own corporate agenda by reducing regulatory hurdles and exploring a direct line to the government’s top brass.
What is the effect on Tesla and its investors?
Tesla has seen its stock rise since the election, which seems to indicate that Musk’s meddling in politics is not discouraging investors; in fact, their public influence is seen as an asset.
Musk has confirmed that the role is unofficial and will not interfere with his direction of Tesla, assuring investors that his commitment to the company remains intact.
Furthermore, the DOGE does not have congressional support and its mission should end by July 4, 2026, which gives a feeling of time limitation.
Tesla shares the big winners with Musk’s foray into politics.
Musk’s strategy: public influence and a direct message
Musk plans to use DOGE as a mass outreach platform, linking it to X (formerly Twitter) to engage young people interested in government efficiency and ultimately strengthen his narrative.
From creating a “leaderboard” of unnecessary spending to transparency in decision-making, Musk seems determined to present DOGE as a tool of public reform while maintaining his image as a revolutionary and defender of democracy. efficiency.
Meanwhile, critics and advocates are closely watching whether the billionaire is truly committed to efficiency or whether this new role is just another facet of his ability to attract attention.
As Musk himself has said, “this will be both extremely tragic and extremely entertaining,” making it clear that, for him, every initiative, including DOGE, is both an opportunity for impact and spectacle.
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