Elon Musk’s close confidant and White House crypto czar David Sacks revealed what he interprets from the speculations of Elon Musk apparently stepping down from the Department of Government Efficiency. Elon Musk announced during this week’s Tesla earnings call that he will be scaling back his time and DOGE and focus more on Tesla.
In the latest All-In podcast, David Sacks said this is how Elon Musk operates; first he delves into something to get a mental model and then when he gets that model, he moves to more of a maintenance mode. Sacks said the same thing happened when Musk acquired Twitter and for the first three months or so, Elon Musk was always at the Twitter HQ.
“I saw this before when I was part of the Twitter transition — is that for the first three months or so he was basically full time at Twitter HQ, learning the business down to the database level. I mean, every nook and cranny of that business, he learned about,” Sacks said. “Once he felt like he had a mental model and he had the people in place that he trusted, he could move to more of a maintenance mode.”
Sacks said this is how Elon Musk manages several of his companies and now he can step back from DOGE.
Musk “has these intense bursts where he focuses on something, gets the right people and structure in place, feels like he understands it, and then he can delegate more,” Sacks said. “And I think that he has reached that point with DOGE.”
‘Neither DOGE nor Elon is going anywhere’
Sacks said he thinks DOGE is going to continue and Musk will just ration his time in the White House. “My sense is that DOGE is going to continue, it’s just that Elon is shifting to a mode where he can manage it one day a week or two days a week as opposed to being there five days a week,” he said.
Musk’s announcement that his involvement in DOGE will reduce came as his Tesla had to bear to brunt of the public anger. Tesla cars were set on fire, Tesla stores were vanadalized in a major anti-Musk movement inside and outside the country.
