Elon Musk walked back his previous claim that he could cut at least $2 trillion from the federal budget, saying Wednesday that half that amount would be “an epic outcome.”

Elon Musk initially pledged to cut some $2 trillion from the federal budget, alongside his DOGE partner, politician Vivek Ramaswamy.

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 outcome,

Billionaire Elon Musk expressed doubt that his government efficiency panel in President-elect Donald Trump’s incoming administration will actually be able to achieve $2 trillion in cuts to the US federal budget,

While campaigning for Donald Trump in October, Elon Musk claimed he could slash “at least $2 trillion” in government spending. Now that Musk has started laying the groundwork for his so-called “Department of Government Efficiency,

Elon Musk on Wednesday backtracked on his goal to cut $2 trillion from the U.S. budget in his role as the co-head of DOGE, Donald Trump’s proposed new advisory body which aims to slash waste and regulations to lower taxes.

Tesla CEO Elon Musk said Wednesday that the best-case scenario would be to make $2 trillion in cuts to federal spending through the “Department of Government Efficiency” (DOGE) he is co-leading. “I think we’ll try for $2 trillion,