Mr. Musk is fundamentally a creature of Silicon Valley, a scene that initiated an entire revolution in power dressing. The young masters of that universe dressed down to show that they were members of a new elite — one that refused to dress like the grown-ups they were about to topple. It was the defeat of the suit by the T-shirt.

An MSNBC report said Musk had been "demoted" after clashing with a number of President Trump's cabinet secretaries.

Elon Musk, wearing his standard uniform of a black sport coat over a black T-shirt, was seen shaking hands and waving to other attendees. He was with a woman wearing a floor length gown who appeared to be Shivon Zilis,

There’s a “black cloud over Tesla’s stock,” remarked one analyst as Musk’s primary company suffered its worst loss since 2020, while Musk’s X attack on Sen. Mark Kelly and a halting appearance on Fox Business did him no favors.

"I hope his involvement with DOGE is short-lived so he can spend even more time on his businesses," Christopher Tsai said of Musk's work with DOGE.

Created by executive order though not an official government department (which would have to be created by an act of Congress), Musk's DOGE has embarked on an extensive exercise of mass firings, funding cuts and contract cancellations since President Donald Trump returned to office in January.