Musk's security expenses are astonishing, and his new position requires strengthening security forces!
The security team expenses for the major companies Musk oversees amount to millions of dollars each year! This level of security is almost comparable to that of a small special operations agency.
However, this is just the beginning. Musk has recently taken up a new position in the U.S. government, serving as the Minister of Government Efficiency, abbreviated as DOGE, which coincidentally matches the name DOGE.
He even specially designed a Shiba Inu as a logo for the department. This position is not easy; Musk plans to implement a series of bold reforms aimed at cutting the federal budget by $2 trillion, streamlining 428 federal agencies down to 99, with a layoff rate as high as 77%. This will undoubtedly affect the interests of many people.
Musk is known for being frugal, which is vividly reflected in companies like Tesla and SpaceX. At Tesla, he not only reduced the energy consumption of cars to an extremely low level but also innovatively launched integrated die-casting technology, significantly reducing production costs. At SpaceX, he further brought rocket launch costs to rock bottom, creating an unprecedented low-price launch record. Now that he has acquired Twitter, he is also making frequent moves, revitalizing Twitter through massive layoffs and efficiency improvements.
For this governmental position, Musk clearly had been preparing in advance. He recruited experts through online platforms, requiring applicants to be exceptionally intelligent, able to work overtime, and unafraid of offending others. At the same time, he widely solicited public opinion, exposing wasteful projects in the government, which won him public support and successfully attracted numerous supporters.
Next, Musk will showcase his 'First Principles', 'Idiot Index', and 'Five-Step Efficient Work Method'. The core of these methods lies in eliminating redundancy, simplifying processes, improving efficiency, and achieving automation. It is foreseeable that American civil servants are about to face a tough time; they must adapt to this new efficient working model.
However, Musk's move is not meant to offend anyone, but has deeper considerations. Looking back, he was once sidelined by the Biden administration, and electric vehicle subsidies did not benefit Tesla. Now that he holds a key position, these former obstacles may become advantages. Tesla's market value is expected to reach new heights because of this opportunity. Additionally, the Trump team plans to eliminate the electric vehicle tax credit policy, which is undoubtedly a huge positive for Tesla.
Therefore, we can say that Musk's move is extremely clever; he uses capital to acquire power, and then uses power to expand capital, paving a broad path for his and Tesla's development.
If you currently feel helpless and confused in trading, and want to learn more about cryptocurrency and get the latest cutting-edge information, follow me.
