2024-11-13 13:29:09
Politics
Business

Elon Musk Joins Trump's Government Efficiency Initiative

Image courtesy of : AFP (ALAIN JOCARD)

Elon Musk, the renowned CEO of Tesla and SpaceX, has been appointed by former President Donald Trump to co-lead the newly established Department of Government Efficiency. Tasked with significantly reducing government spending, Musk promises to make sweeping reforms, aiming to cut $2 trillion and thousands of positions. This initiative, reminiscent of the ambitious Manhattan Project, seeks to dismantle bureaucracy and streamline governmental operations.

Musk's appointment has raised eyebrows due to his existing ties with government contracts and subsidies, especially through SpaceX. His involvement bears potential conflicts of interest, as his companies continue to benefit from lucrative government deals. Despite these concerns, Musk remains undeterred, expressing his intent to 'send shockwaves' through the political establishment.

Joining Musk is Vivek Ramaswamy, a wealthy entrepreneur and Trump loyalist. Together, they plan to implement an 'entrepreneurial' approach to reforming the government. Their mission aligns with Trump's vision of reducing bureaucracy, promoting efficiency, and cutting costs. This partnership reflects the close ties between Musk and Trump, which have grown stronger since Trump's election victory. Musk's support for Trump included significant financial contributions to his campaign and active participation in voter registration efforts.

While Musk's political engagement intensifies, it also attracts scrutiny. Questions about his influence on U.S. politics and the potential implications for his businesses abroad, particularly in China, are being raised. As Musk steps into this new role, the balance between his corporate interests and governmental responsibilities will remain a focal point of public discussion.

Tagesspiegel
13. November 2024 um 10:04

Trump brings Musk into advisory board: "We won't proceed gently"

As the CEO of Tesla and the space company SpaceX, Musk benefits from subsidies and government contracts. On behalf of Trump, he is now supposed to reduce government spending. A conflict of interest?
rbb24
13. November 2024 um 07:01

Advisory Board: Tesla CEO Musk to Advise Trump on Spending Cuts

Politics
Economy
Technology
Tesla CEO Elon Musk is to advise Trump on government spending cuts. Musk will head a new "Department of Government Efficiency"; Vivek Ramaswamy, an unsuccessful presidential candidate, will support him. In addition to Tesla, Musk also runs the space company SpaceX and the tunnel company Boring Company.
gmx
13. November 2024 um 07:39

Musk becomes the penny-pincher of the new US government

Politics
Economy
Technology
As the CEO of Tesla and the space company SpaceX, Elon Musk often deals with authorities. On behalf of Donald Trump, he is now supposed to make proposals for government reforms. A conflict of interest?
EuroNews
13. November 2024 um 07:00

Elon Musk officially in the White House.. Trump fulfills his promise to the billionaire and selects him to manage an advisory committee

Politics
Economy
Technology
President Trump indicated that Musk will likely not hold any full-time position due to his other commitments, such as launching rockets and other activities. Trump said: "I don't think I can commit him to a full-time job because he's a little busy sending rockets up and all the things he does."
CW

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