Elon Musk has backtracked on his earlier goal of cutting $2 trillion from the federal budget. In a live interview on X, formerly Twitter, with Stagwell CEO Mark Penn on Wednesday, Musk said slashing $2 trillion from the budget would be "the best-case ...

Elon Musk is reneging on his biggest DOGE promise. In a live interview on X Wednesday evening with political strategist Mark Penn, the billionaire conceded that his initial goal of cutting the federal budget by “at least $2 trillion” was a taller task than he first believed.

During a livestremed talk with Stagwell Inc. CEO Mark Penn, tech billionaire Elon Musk admits that the newly formed Department of Government Efficiency may not reach its goal.

Discussions at the Center for Particle Cosmology are currently underway to select the next speaker for the Elon Musk Public Lecture series, which was last held in 2023.

"I guess it will be a bit like being retired," Elon Musk told Stagwell's Mark Penn during a freewheeling conversation on X @Live during CES Wednesday night.

Is DOGE all bark and no bite? Billionaire Elon Musk has walked back a prior claim that his vaunted blue ribbon commission on government bloat and inefficiencies would be able to slash the roughly $6.75 trillion annual federal budget by $2 trillion.

After promising to cut $2 trillion from the federal budget, the Tesla founder called $1 trillion an “epic” goal. Still, he described the government as “target-rich,” boasting: “You can close your eyes and you can’t miss.

Elon Musk is backing away from his campaign trail commitment to trim $2 trillion in government spending. While stumping for Donald Trump days before November’s presidential election, the billionaire GOP donor told cheering fans he would help the new administration cut “at least” that amount from the federal budget.

Indeed, Musk suggested that synthetic data — data generated by AI models themselves — is the path forward. “The only way to supplement [real-world data] is with synthetic data, where the AI creates [training data],” he said. “With synthetic data … [AI] will sort of grade itself and go through this process of self-learning.”

Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set earlier as co-head of a new advisory body,

The blossoming relationship between Trump and tech titan Elon Musk was on full display throughout Monday’s inauguration ceremonies.