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Trump, Musk Offer Show of Unity as Tesla CEO Departs Government

WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, after the Tesla CEO ended a chaotic four-month stint leading the admin

Trump, Musk Offer Show of Unity as Tesla CEO Departs Government

# Elon Musk Plans to Send Uncrewed Starship to Mars by End of 2026

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":440827829088528,"tweetId":"440827829088528","gmtCreate":1748662463276,"gmtModify":1748664697732,"author":{"id":4207263223196152,"idStr":"4207263223196152","authorId":4207263223196152,"authorIdStr":"4207263223196152","name":"Gufar","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[{"themeId":"eb1195713f587fe42e07f1fad37478ea","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Elon Musk Plans to Send Uncrewed Starship to Mars by End of 2026","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":eb1195713f587fe42e07f1fad37478ea}&rnconfig={\"headerBarHidden\": true}","description":"Elon Musk aims to send the uncrewed Starship to Mars by the end of 2026. The timeline is dependent on future test-flight progress and overcoming the hurdle of orbital refueling. The end of 2026 aligns with the planets, missing which would result in a two-year delay. NASA also targets a Starship moon mission in 2027 as a step towards Mars. Musk presented a detailed development timeline for Starship through SpaceX."}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","htmlText":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","text":"Share your opinion about this news…","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/440827829088528","repostId":2539137277,"repostType":2,"repost":{"id":"2539137277","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1748646900,"share":"https://ttm.financial/m/news/2539137277?lang=en_US&edition=fundamental","pubTime":"2025-05-31 07:15","market":"us","language":"en","title":"Trump, Musk Offer Show of Unity as Tesla CEO Departs Government","url":"https://stock-news.laohu8.com/highlight/detail?id=2539137277","media":"Reuters","summary":"WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, after the Tesla CEO ended a chaotic four-month stint leading the admin","content":"<html><head></head><body><p>WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, after the Tesla CEO ended a chaotic four-month stint leading the administration&#39;s sweeping cost-cutting campaign.</p><p>During a farewell event in the Oval Office, Trump lauded Musk&#39;s work as the head of the Department of Government Efficiency, which has eliminated thousands of jobs and canceled billions of dollars in spending - including the majority of U.S. foreign aid - but has so far fallen short of Musk&#39;s lofty initial promises.</p><p>&#34;Elon is really not leaving. He&#39;s going to be back and forth,&#34; Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read &#34;The Dogefather&#34; in the style of the movie &#34;The Godfather.&#34;</p><p>Musk announced this week he would be departing the administration at the end of his 130-day mandate as a special government employee, which was set to expire around May 30.</p><p>The world&#39;s richest man - who spent nearly $300 million in 2024 to help Trump and other Republicans get elected - exerted enormous power during the first few weeks of Trump&#39;s term. DOGE upended the federal bureaucracy, dismantling agencies, shutting down long-standing programs and issuing sweeping mandates with little warning, resulting in tens of thousands of layoffs.</p><p>But his influence at the White House appeared to wane amid complaints from cabinet members about his approach. At the same time, he faced mounting pressure from shareholders worried that his expanding political role was becoming a liability for his companies.</p><p>Widespread anti-Musk protests at Tesla outlets across the U.S. and Europe contributed to declining sales and a drop in the company&#39;s stock price. Other ventures in his sprawling empire, including SpaceX and Starlink, were expected to benefit but also came under scrutiny from his close ties to Trump.</p><p>Friday&#39;s White House event was intended as a show of unity after Musk prompted frustration among White House officials this week by criticizing Trump&#39;s sweeping tax and spending bill as too expensive.</p><p>Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk&#39;s remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments, a source familiar with the matter said.</p><p>Trump presented Musk with a large golden key inside a wooden box bearing his signature, a gift he said he reserved only for &#34;very special people.&#34;</p><p>&#34;He had to go through the slings and arrows, which is a shame because he&#39;s an incredible patriot,&#34; Trump said.</p><p>Musk, in turn, admired the gold finishings that Trump has installed around the Oval Office and explained away a bruised eye by saying his 5-year-old son had punched him in the face while the two were playing around.</p><p>In addition to saying he would direct more of his energy toward his businesses, Musk has also said he plans to ratchet back his political donations.</p><p>On Friday, he told reporters he would remain part of Trump&#39;s circle of advisers.</p><p>&#34;I expect to remain a friend and an adviser, and certainly, if there&#39;s anything the president wants me to do, I&#39;m at the president&#39;s service,&#34; he said.</p><h2 id=\"id_3043493353\" style=\"text-align: start;\">CUTS FALL SHORT</h2><p>Musk initially claimed DOGE would slash at least $2 trillion in federal spending. DOGE now estimates it has saved $175 billion, but the details posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure.</p><p>U.S. Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $19 billion in combined spending compared to the same period last year, far below Musk&#39;s original target and amounting to just about 0.5% of total federal expenditures.</p><p>Trump and DOGE have managed to cut nearly 12%, or 260,000, of the 2.3 million-strong federal civilian workforce largely through threats of firings, buyouts and early retirement offers, a Reuters review of agency departures found.</p><p>Musk said on Friday that downsizing the government had proven more difficult than he expected, blaming what he called the &#34;banal evil of bureaucracy.&#34; Even so, he expressed confidence that DOGE would eventually achieve much deeper savings.</p><p>&#34;This is not the end of DOGE but really the beginning,&#34; he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump, Musk Offer Show of Unity as Tesla CEO Departs Government</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump, Musk Offer Show of Unity as Tesla CEO Departs Government\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-31 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, after the Tesla CEO ended a chaotic four-month stint leading the administration&#39;s sweeping cost-cutting campaign.</p><p>During a farewell event in the Oval Office, Trump lauded Musk&#39;s work as the head of the Department of Government Efficiency, which has eliminated thousands of jobs and canceled billions of dollars in spending - including the majority of U.S. foreign aid - but has so far fallen short of Musk&#39;s lofty initial promises.</p><p>&#34;Elon is really not leaving. He&#39;s going to be back and forth,&#34; Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read &#34;The Dogefather&#34; in the style of the movie &#34;The Godfather.&#34;</p><p>Musk announced this week he would be departing the administration at the end of his 130-day mandate as a special government employee, which was set to expire around May 30.</p><p>The world&#39;s richest man - who spent nearly $300 million in 2024 to help Trump and other Republicans get elected - exerted enormous power during the first few weeks of Trump&#39;s term. DOGE upended the federal bureaucracy, dismantling agencies, shutting down long-standing programs and issuing sweeping mandates with little warning, resulting in tens of thousands of layoffs.</p><p>But his influence at the White House appeared to wane amid complaints from cabinet members about his approach. At the same time, he faced mounting pressure from shareholders worried that his expanding political role was becoming a liability for his companies.</p><p>Widespread anti-Musk protests at Tesla outlets across the U.S. and Europe contributed to declining sales and a drop in the company&#39;s stock price. Other ventures in his sprawling empire, including SpaceX and Starlink, were expected to benefit but also came under scrutiny from his close ties to Trump.</p><p>Friday&#39;s White House event was intended as a show of unity after Musk prompted frustration among White House officials this week by criticizing Trump&#39;s sweeping tax and spending bill as too expensive.</p><p>Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk&#39;s remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments, a source familiar with the matter said.</p><p>Trump presented Musk with a large golden key inside a wooden box bearing his signature, a gift he said he reserved only for &#34;very special people.&#34;</p><p>&#34;He had to go through the slings and arrows, which is a shame because he&#39;s an incredible patriot,&#34; Trump said.</p><p>Musk, in turn, admired the gold finishings that Trump has installed around the Oval Office and explained away a bruised eye by saying his 5-year-old son had punched him in the face while the two were playing around.</p><p>In addition to saying he would direct more of his energy toward his businesses, Musk has also said he plans to ratchet back his political donations.</p><p>On Friday, he told reporters he would remain part of Trump&#39;s circle of advisers.</p><p>&#34;I expect to remain a friend and an adviser, and certainly, if there&#39;s anything the president wants me to do, I&#39;m at the president&#39;s service,&#34; he said.</p><h2 id=\"id_3043493353\" style=\"text-align: start;\">CUTS FALL SHORT</h2><p>Musk initially claimed DOGE would slash at least $2 trillion in federal spending. DOGE now estimates it has saved $175 billion, but the details posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure.</p><p>U.S. Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $19 billion in combined spending compared to the same period last year, far below Musk&#39;s original target and amounting to just about 0.5% of total federal expenditures.</p><p>Trump and DOGE have managed to cut nearly 12%, or 260,000, of the 2.3 million-strong federal civilian workforce largely through threats of firings, buyouts and early retirement offers, a Reuters review of agency departures found.</p><p>Musk said on Friday that downsizing the government had proven more difficult than he expected, blaming what he called the &#34;banal evil of bureaucracy.&#34; Even so, he expressed confidence that DOGE would eventually achieve much deeper savings.</p><p>&#34;This is not the end of DOGE but really the beginning,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4527":"明星科技股","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4534":"瑞士信贷持仓","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4555":"新能源车","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4550":"红杉资本持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4588":"碎股","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4548":"巴美列捷福持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4574":"无人驾驶","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nL2N3S20T6:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2539137277","content_text":"WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, after the Tesla CEO ended a chaotic four-month stint leading the administration's sweeping cost-cutting campaign.During a farewell event in the Oval Office, Trump lauded Musk's work as the head of the Department of Government Efficiency, which has eliminated thousands of jobs and canceled billions of dollars in spending - including the majority of U.S. foreign aid - but has so far fallen short of Musk's lofty initial promises.\"Elon is really not leaving. He's going to be back and forth,\" Trump said from behind the Resolute Desk, as Musk stood to his right, wearing a black DOGE hat and a T-shirt that read \"The Dogefather\" in the style of the movie \"The Godfather.\"Musk announced this week he would be departing the administration at the end of his 130-day mandate as a special government employee, which was set to expire around May 30.The world's richest man - who spent nearly $300 million in 2024 to help Trump and other Republicans get elected - exerted enormous power during the first few weeks of Trump's term. DOGE upended the federal bureaucracy, dismantling agencies, shutting down long-standing programs and issuing sweeping mandates with little warning, resulting in tens of thousands of layoffs.But his influence at the White House appeared to wane amid complaints from cabinet members about his approach. At the same time, he faced mounting pressure from shareholders worried that his expanding political role was becoming a liability for his companies.Widespread anti-Musk protests at Tesla outlets across the U.S. and Europe contributed to declining sales and a drop in the company's stock price. Other ventures in his sprawling empire, including SpaceX and Starlink, were expected to benefit but also came under scrutiny from his close ties to Trump.Friday's White House event was intended as a show of unity after Musk prompted frustration among White House officials this week by criticizing Trump's sweeping tax and spending bill as too expensive.Some senior aides, including Deputy Chief of Staff Stephen Miller and Chief of Staff Susie Wiles, saw Musk's remarks on the tax bill as an open break from the administration, with Miller particularly irked by the comments, a source familiar with the matter said.Trump presented Musk with a large golden key inside a wooden box bearing his signature, a gift he said he reserved only for \"very special people.\"\"He had to go through the slings and arrows, which is a shame because he's an incredible patriot,\" Trump said.Musk, in turn, admired the gold finishings that Trump has installed around the Oval Office and explained away a bruised eye by saying his 5-year-old son had punched him in the face while the two were playing around.In addition to saying he would direct more of his energy toward his businesses, Musk has also said he plans to ratchet back his political donations.On Friday, he told reporters he would remain part of Trump's circle of advisers.\"I expect to remain a friend and an adviser, and certainly, if there's anything the president wants me to do, I'm at the president's service,\" he said.CUTS FALL SHORTMusk initially claimed DOGE would slash at least $2 trillion in federal spending. DOGE now estimates it has saved $175 billion, but the details posted on its website, where it gives the only public accounting of those changes, add up to less than half of that figure.U.S. Treasury summaries reviewed by Reuters show that the agencies targeted by DOGE have cut about $19 billion in combined spending compared to the same period last year, far below Musk's original target and amounting to just about 0.5% of total federal expenditures.Trump and DOGE have managed to cut nearly 12%, or 260,000, of the 2.3 million-strong federal civilian workforce largely through threats of firings, buyouts and early retirement offers, a Reuters review of agency departures found.Musk said on Friday that downsizing the government had proven more difficult than he expected, blaming what he called the \"banal evil of bureaucracy.\" Even so, he expressed confidence that DOGE would eventually achieve much deeper savings.\"This is not the end of DOGE but really the beginning,\" he said.","news_type":1,"symbols_score_info":{"TSLA":0.9,"TSYW.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":550,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}