Donald Trump: I’ll hire Elon Musk to make ‘drastic’ changes as US efficiency tsar

Elon Musk has been promised a government job by Donald Trump should he be elected US President. Photo / Getty Images

Donald Trump has said he will hire Elon Musk to save the US money by cutting government costs if he wins the November election.

Musk, who runs Tesla and SpaceX, revealed in August that he had suggested the idea of a commission to Trump and said that he would be interested in serving on it.

During a speech on Thursday to the New York Economic Club, Trump said: “At the suggestion of Elon Musk ... I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms.

“We need to do it – we can’t go on the way we are now. And Elon, because he’s not very busy, has agreed to head that task force. It’ll be interesting – if he has the time. He’ll be a good one to do it.”

Responding to earlier reports that Trump was poised to endorse the idea, Musk had written on his social media platform X: “I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed.”

Trump had reportedly been discussing the idea of an efficiency commission with aides for weeks but Thursday was the first time he had publicly endorsed the idea.

It was also the first time Trump said that Musk had agreed to head the body. He did not detail precisely how such a commission would operate, besides saying it would develop a plan to eliminate “fraud and improper payments” within six months of being formed.

The US government already has the Government Accountability Office (GAO), a federal watchdog agency tasked with investigating federal spending and performance.

Musk, the world’s richest man, has a reputation for presiding over hard-charging cultures at his businesses, demanding high performance.

After buying formerly Twitter with outside investors for US$44 billion two years ago, he sacked 6000 staff – around 80% of the workforce. Musk said Twitter needed to become more “hardcore” to survive.

At the time, critics claimed the job cuts would put the social media platform at risk of technology meltdown. However, the platform, since renamed X, has continued to function.

Trump’s promise to hire Musk, one of his most high-profile supporters, was part of a broader pitch to business leaders including Jamie Dimon, JP Morgan chief, and Stephen Schwarzman, managing director of Blackstone, at the New York Economic Club event.

The Republican nominee also vowed to cut corporation tax from 21% to 15%. He told the audience: “I am promising low taxes, low regulations, low energy costs, low interest rates, secure borders, low, low, low crime.”

Trump’s proposal for a new efficiency watchdog immediately drew criticism from trade unions. Everett Kelley, head of the American Federation of Government Employees, accused Trump and Musk of wanting to gut the non-partisan civil service and replace workers with allies.

“There’s nothing efficient about that,” he said.