Tesla and SpaceX CEO Elon Musk ended Monday in a press conference with President Donald Trump, with the remaining estimates estimated that the government’s cost cuts were estimated at $175 billion in the past few months.
According to the Governor's website, each taxpayer saves $175 billion from cutting government contracts, selling assets, identifying incorrect payments and other cost-cutting measures.
The cuts were carried out throughout the government, a complete demolition by the United States Agency for International Development (USAID), which had 83% of the plans and 5,200 contracts canceled after a six-week review conducted by Doge.
Trump discussed some other more important cuts in a press conference on Friday.
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Tesla Inc. CEO Donald Trump and Tesla Inc. CEO Elon Musk were at a press conference on May 30, 2025 at the Oval Office of the White House in Washington. (Francis Chung/Politico/Bloomberg by Getty Image)
“"It's $20 million in Arabic Sesame Street in the Middle East. No one knows what's going on. No one can find it. The $8 million that makes the rat transgender. So they spend $8 million to degenerate the rat. These are better than many others. I can sit here and read all day."
Although some media including the New York Times and BBC News have Controversial Governor's $175 billion estimate Musk told reporters in the Oval Office on Friday that the real number is smaller and savings will continue to be established, and he believes the total cuts will reach $1 trillion in the next few years.
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Elon Musk watched when President Donald Trump met South African President Cyril Ramaphosa. (AP/Evan Vucci)
“"The influence of the sect will only become stronger. I liken it to a kind of Buddhism. It's like a way of life, so it permeates the whole government. And I'm confident that over time we'll see $1 trillion in savings, $1 trillion in waste, less fraud."
In addition, Musk said layoffs will soon reach the $200 billion threshold for the fiscal year 25-26.
From the outset, Mano was hit not only by a tsunami of negative news and an angry Democratic lawmakers, but also a series of lawsuits that have been struggling in a protracted legal battle as Musk struggles to reach his initial estimate, which was $10,000-20,000.
A doorman protester holds sign in Parksburg, West Virginia. (Fox News figures)
Coupled with the reality that most major cuts require Congressional approval to achieve, the impact of downgrading Doge on cutting the edges around large programs and institutions may be eliminated altogether.
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On Friday, Musk's biggest "block" for him in Doge.
"It's mostly a lot of hard work," Musk replied. "It's not really anyone or Congress. It's going through millions of order projects and saying that everyone has meaning or no meaning."
"Obviously, sometimes when you cut the fees, those receiving the money, whether they receive it, whether they receive it, whether they receive it, whether they do reasonable or not. They do complain that you don't hear someone admitting that they receive the money inappropriately. Never. They will never get the money they receive properly, and they will certainly get a report. Of course, what you expect, that's what you expect."
Peter Pinedo of Fox News Digital contributed to the report.