Elon Musk announces departure from US President Trump’s administration

After five months in President Trump's administration, Elon Musk has announced his departure, citing a desire to reduce wasteful spending further. Despite claiming $175 billion in savings, he fell short of the $1 trillion commitment set by Trump. His exit comes amid ongoing tensions over a controversial tax bill supported by critics, which could potentially worsen the federal deficit by over $3.9 trillion in 2034. With his approval rating at just 35% among voters and plans to focus on his ventures like Tesla and SpaceX, Musk aims to concentrate more on his businesses after scaling back political spending.