Musk Said His Ability to Take Action on Dogecoin is 'Lmited'

Elon Musk said Dogecoin has no formal organization and no one reports to me, so his ability to take action is limited.

Please note Dogecoin has no formal organization & no one reports to me, so my ability to take action is limited

— Elon Musk (@elonmusk) May 25, 2021

The comment from Musk comes in response to a comment that Musk "appears to be treating #Dogecoin like one of his own companies... With Elon as "Doge CEO", we are in good hands!"

Musk has been called the "Dogefather" related to his unabashed promotion of the coin.

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