Elon Musk has made some big claims about the potential savings to be won by the efficiency effort he is leading under the new Trump administration, but on Thursday he admitted that the $2 trillion per year cost-cutting target he has cited in the past may be unreachable.

Tesla CEO Elon Musk acknowledged that his target of cutting $2 trillion in government spending would likely be difficult to complete, with half that number looking like a more realistic option.

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,

Elon Musk, the tech billionaire tapped for a government efficiency panel by President-elect Donald Trump, has expressed skepticism about the feasibility of cutting $2T from the U.S. federal budget, backtracking on his own previously ambitious claims.

Elon Musk backtracked on his claim that his fake government department, the Department of Government Efficient (DOGE), will achieve $2 trillion in budget cuts. Following his generous contributions to Donald Trump’s presidential campaign,