Fully Clickable Video Ad

Elon Musk says DOGE involvement is making it harder to run his businesses | TechCrunch

Spread the love


In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink.

“How are you running your other businesses?” Kudlow asked at one point. “With great difficulty,” Musk replied. “Frankly, I can’t believe I’m here doing this.”

Musk and DOGE, which has around 100 staffers — a number that Musk expects to climb to 200 — have been criticized for overpromising and underdelivering on spending cuts across U.S government agencies. Government contracting experts say that DOGE’s online record of reductions contains inaccurate information and inflates claims of “savings” by including misleading math about contract cancellations.

DOGE has also put the U.S.’s data and computing infrastructure at risk through its work, according to cybersecurity analysts. DOGE staffers, some of whom have little experience working with government systems, have reportedly accessed agency data through insecure means and copied that data onto unprotected servers.

Blinking Photo Ad

While Musk complains that his work advising DOGE has stretched him thin, the billionaire has been accused of using the initiative to weaken regulations that oversee his business ventures.

DOGE has gutted the Consumer Financial Protection Bureau, which was poised to expand oversight of peer-to-peer payment systems including X’s upcoming virtual wallet product. It has reduced staff at the National Highway Traffic Safety Administration, which had opened probes into the dangers posed by Tesla’s assisted driving technologies. Elsewhere, DOGE has fired probationary employees at the Federal Aviation Administration, which had proposed penalties for safety violations at SpaceX. And DOGE has pushed for significant staff cuts at the Securities and Exchange Commission, with which Musk has a long-running feud.

See also  John Mulaney surprises Jimmy Kimmel with a very niche gift

When asked by Kudlow if he would extend his involvement in DOGE by “another year,” Musk said, “Yeah.”

“We’re just getting things done, as opposed to writing a report,” Musk added. “Like, reports don’t mean anything. You’ve got to actually take action.”

Related Posts
Kiren Rijiju: Why Earth Sciences minister Rijiju is upset with this European IT company | – Times of India

Earth Sciences Minister Kiren Rijiju is reportedly upset with the French IT company Atos. Reason is said to be Read more

Former Activision boss reportedly wants to buy TikTok – Times of India
Former Activision boss reportedly wants to buy TikTok - Times of India

Bobby Kotick, the former head of Activision Blizzard, is reportedly considering buying TikTok, as the app could be banned Read more

How Apple’s Find My app ‘cost’ a US city millions of dollars – Times of India
How Apple’s Find My app ‘cost’ a US city millions of dollars - Times of India

Apple's Find My app has cost the city of Denver, US $3.76 million in compensation and damages. In 2022, Read more

Moto G54 receives a price cut in India: Here’s how much the smartphone costs – Times of India
Moto G54 receives a price cut in India: Here’s how much the smartphone costs - Times of India

If you have been planing to purchase a budget smartphone, then you can consider buying the Moto G54. Launched Read more

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top