President-elect Donald Trump has charged Tesla (TSLA) CEO Elon Musk and former presidential candidate Vivek Ramaswamy with cutting government spending and “making changes to the Federal Bureaucracy with an eye on efficiency.”
Years of comments from both men suggest they could aim to do much more than slim down Washington. They appear poised to make a run at abolishing huge areas of that bureaucracy entirely.
“99 Federal agencies is more than enough,” Musk posted Tuesday night after Trump’s announcement was made official. That suggests a massive culling of the hundreds of existing agencies, with the Bureau of Alcohol, Tobacco, and Firearms (ATF) and the Education Department already in focus.
Elon Musk listens as President-elect Donald Trump speaks during a meeting with House Republicans in Washington, D.C. on Nov. 13. (ALLISON ROBBERT/POOL/AFP via Getty Images) · ALLISON…