According to Politico, Trump views Musk and his Department of Government Efficiency (DOGE) initiative favorably.

President Donald Trump gave billionaire adviser Elon Musk a fresh endorsement on Thursday amid criticism of Musk's government reduction project and said he can stay "as long as he likes" but will eventually return to his businesses.

President Donald Trump indicated to top advisers that Elon Musk could be taking a step back from his current role, sources familiar with the matter told ABC News.

Elon Musk said he will leave when his work with DOGE is done. Could he resign from DOGE soon? And how would DOGE stimulus checks be impacted?

In the coming weeks, Musk will begin dialing back his role in Washington. Trump has told his inner circle and members of his Cabinet that both men have agreed he’ll be transitioning out of the administration and his polarizing role atop the DOGE initiative and stepping into a more supportive role.

Close to 150 protestors gathered outside a Tesla dealership in Northbrook, targeting Tesla CEO Elon Musk and his involvement with President Donald Trump’s administration.

One expert, who compared some of the effects of DOGE's cuts to "a broke Humpty Dumpty," has weighed in on the billionaire's recent remarks.

Billionaire Elon Musk will remain a friend and adviser to U.S. President Donald Trump and Vice President JD Vance, even after he leaves his role with the Department of Government Efficiency, Vance said in an interview with Fox News on Thursday.

All it took was losing $100 billion in three months to make Elon Musk change his tune on government work. The White House on Wednesday called the Politico report “garbage,” and Musk dismissed it as “fake news” in social media post.