Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - October 30

Musk draws skepticism with call for $2 trillion in spending cuts

Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...

Politics - The Hill - November 3

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - October 29

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

TechScape: Will Elon Musk fire a third of the US government?

Musk and Donald Trump propose a ‘Department of Government Efficiency’, crypto wins big in the election and a modern equivalent of Lysistrata takes hold on TikTok. • Don’t get TechScape delivered ...

World - The Guardian - 2 days ago

Mr. Musk Goes to Washington — With a $2 Trillion Agenda

Donald Trump tapped the tech mogul to co-lead an effort to slash government spending, but questions abound over how such an initiative would actually work.

Business - The New York Times - Yesterday

Elon Musk to watch results with Donald Trump

The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.

WATCH: Elon Musk spends election night with Trump at Mar-a-Lago

Elon Musk tweeted out a photo from Mar-a-Lago, showing Donald Trump huddled around and speaking with Musk and Dana White.

Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene

A tour of the city’s cultural highlights with the co-founder and director of Art Week Tokyo

World - Financial Times - October 29

Reeves’ Budget measures risk hitting ‘working people’, analysts say

Some businesses will struggle with tax rises alongside a higher minimum wage and new labour laws

World - Financial Times - October 29

Elon Musk’s Big Business and Conflicts of Interest With the U.S. Government

Mr. Musk, who holds billions in federal contracts, wants to be in charge of the regulators that oversee him if Donald Trump wins.

Tech - The New York Times - October 21

Trump says Elon Musk and Vivek Ramaswamy will head a new ‘Department of Government Efficiency’

Trump named tech billionaire Elon Musk and conservative activist Vivek Ramaswamy to head up a new "Department of Government Efficiency," fulfilling a campaign pledge to give Musk sweeping oversight ...

Trump taps Elon Musk, Vivek Ramaswamy to lead department of government efficiency

President-elect Trump has named Elon Musk and Vivek Ramaswamy to lead a department of government efficiency. NBC News Vaughn Hillyard has more on Trump's latest cabinet picks and the new agency.

Trump taps Elon Musk, Vivek Ramaswamy to lead 'Department of Government Efficiency'

Donald Trump has announced that Elon Musk and Vivek Ramaswamy, a former presidential candidate and ally of Trump, will lead a new "Department of Government Efficiency."

Elon Musk, Vivek Ramaswamy to run Trump’s ‘Department of Government Efficiency’

President-elect Donald Trump late Tuesday announced Elon Musk and Vivek Ramaswamy will lead the “Department of Government Efficiency” in an effort to “dismantle government bureaucracy.”

Business - MarketWatch - Yesterday

Trump Taps Elon Musk and Vivek Ramaswamy to Lead ‘Dept. of Government Efficiency’

The two wealthy entrepreneurs will lead what the president-elect called the Department of Government Efficiency, which he said would seek “drastic change.” But the announcement left a lot unanswered.

Top stories - The New York Times - Yesterday

Trump selects Elon Musk to lead government efficiency department

Musk and ex-presidential candidate Vivek Ramaswamy to head up Department of Government Efficiency (Doge) Analysis: Musk handpicked to carry out slash-and-burn cuts plan . Elon Musk and the former ...

World - The Guardian - Yesterday

Elon Musk to lead ‘Department of Government Efficiency’ in Trump administration

Politics - Politico - Yesterday

Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan

World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...

World - The Guardian - Yesterday

US probing Elon Musk's Tesla over self-driving systems

The National Highway Traffic Safety Administration's evaluation is the first step toward a potential recall of 2.4 million Tesla vehicles

Elon Musk worked in US illegally in 1995 after quitting school – report

Washington Post contrasts the episode with the South African multibillionaire’s anti-immigration views. Elon Musk briefly worked illegally in the US after abandoning a graduate studies program in ...

World - The Guardian - October 26

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - October 30

Musk can continue with election cash giveaways for now, judge rules

Prosecutors say the case will now move to a federal court, following a request from Musk's lawyers.

Elon Musk Uses X to Promote Trump’s Incoming Administration

Since the election, Mr. Musk has used his social media company to talk up how bright the future will be under the president-elect.

Business - The New York Times - 5 days ago

The Conspiracy Theory That Elon Musk Stole the Election Using Starlink Is Everywhere Now

The rapid spread of false claims about election fraud has experts worried. While not being promoted by politicians or the media, as similar claims were in 2020, the conspiracy theories are still ...

Tech - Wired - 4 hours ago

Possible Trump Treasury secretary says he'd work with Musk to cut federal spending

Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...

Politics - The Hill - October 30

Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency

“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” ...

Tech - Wired - Yesterday

What does Elon Musk want from all this politicking?

The billionaire is pledging to give away $1m a day and campaigning hard – is deregulation the driving motivation?. US politics – live updates Over the weekend, Elon Musk pledged to give ...

World - The Guardian - October 23

What Elon Musk could gain from Trump's second term

Some of the richest men in the world have already become even richer due to President-elect Donald Trump's victory. According to the Bloomberg Billionaires Index, the net worth of Elon Musk, one of ...

Guardian will no longer post on Elon Musk’s X from its official accounts

Platform’s coverage of US election crystallised longstanding concerns about its content, says Guardian. Why the Guardian is no longer posting on X The Guardian has announced it will no longer ...

World - The Guardian - Yesterday

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

Business - The Wall Street Journal - October 21

Billionaires like Elon Musk don’t just think they’re better than the rest of us – they hate us | Zoe Williams

The ultra-wealthy talk about solving the climate crisis or ending inequality. But what they’re really interested in is outliving or escaping anyone poorer than them. Nearly three years ago, I ...

World - The Guardian - 3 days ago

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - October 30

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.

Business - The New York Times - 6 days ago

Meet the Candidate: Elon Musk

The billionaire is spending a fortune to support former President Donald J. Trump. But at a town hall event in Pennsylvania, he looked an awful lot like a politician himself.

Top stories - The New York Times - October 18

Elon Musk's many hats

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What a Trump win could mean for Musk's businesses Elon Musk is wearing multiple hats this election ...

Politics - The Hill - October 22

Elon Musk goes to Washington

Billionaire chief of Tesla and X looks set to take up influential adviser role in White House

World - Financial Times - 2 days ago

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