TMTPOST -- Elon Musk, appointed by U.S. President Donald Trump to lead the Department of Government Efficiency (DOGE), has announced his plans to step down by the end of May. His 130-day tenure, serving as a "special government employee," focused primarily on reducing the federal deficit by $1 trillion. Musk expressed confidence in meeting this goal within the designated time, citing daily savings of about $4 billion through workforce cuts and asset sales. This announcement comes as Musk faces significant challenges with his private ventures. Tesla, his electric vehicle company, has been dealing with nationwide protests and legal disputes, which could impact its sales and stock performance. Musk admitted that his role at DOGE has taken a toll on his business interests, stating that the position has "cost [him] a lot." Trump has hinted that Musk’s departure from DOGE may be imminent, suggesting that Musk might return to his private ventures after fulfilling the department’s objectives. Musk is expected to leave DOGE around the end of May, coinciding with the completion of his mandated cost-cutting initiatives.