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Trump tapped Elon Musk to oversee government efficiency. Here's how he's cut costs at his own companies.
- President-elect Donald Trump tapped Elon Musk to co-lead a new Department of Government Efficiency to reduce government spending.
- At companies like X, Tesla, and SpaceX, Musk is known for modeling an intense work ethic and making drastic workforce reductions to lower costs.
- When Musk took over Twitter in 2022, he ended the company's remote work policy and free office lunches.
- Musk required employees to start paying for office lunches that had previously been free, told employees to expect 80-hour workweeks.
- Musk cut around 50% of Twitter's staff and set an expectation for those who remained to "work 24/7."
- Tesla's "Anti-Handbook Handbook" details the high bar the company sets for employees, instructing them to be self-reliant and do everything they can to solve problems, even if it means forgoing office protocol or reaching out to Musk directly.
- Musk also sent a memo in 2018 advising Tesla employees to "walk out of a meeting or drop off a call as soon as it is obvious you aren't adding value."
- In 2018, Musk said he spent nights sleeping on a couch and the floor at Tesla factories while the company ramped up production on the Model 3 sedan.
- In April, Tesla laid off 10% of its workforce as Musk said the company needed to be "absolutely hard core about headcount and cost reduction."
- In 2019, Musk laid off 10% of SpaceX employees in order to "become a leaner company," a SpaceX spokesperson previously told Business Insider.
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