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DOGE steps out of the shadows

Mar 28, 2025 - businessinsider.com
The article discusses Elon Musk's involvement with the DOGE office, a significant initiative during President Donald Trump's second term, which has been characterized by mass employee cuts and secrecy. Despite not being an official employee, Musk acts as a de facto leader, overshadowing the actual head, Amy Gleason. The article highlights a Fox News interview where Musk and his team, including Steve Davis and Joe Gebbia, discussed their revolutionary government changes, although Gleason was notably absent.

Additionally, the article covers various topics in markets, tech, and business. It mentions the impact of Trump's auto tariffs on foreign carmakers, the rise of retail investors buying stocks like Nvidia, and the burgeoning tech scene in Washington, DC. In business, it discusses Florida's potential abolition of property taxes and DOGE-related cuts at NOAA. Other news includes Meta's executive departures, ChatGPT's Ghibli-style image generation issues, and the increase in used Tesla listings.

Key takeaways:

  • Elon Musk and his allies discussed DOGE on Fox News, highlighting its role in the Trump administration's government overhaul.
  • Trump's auto tariffs impact foreign carmakers negatively, while domestic manufacturers like Tesla benefit.
  • Florida may eliminate property taxes, potentially becoming the first US state to do so.
  • Meta loses two senior executives, Dan Neary and Kate Hamill, amid changes in leadership.
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