Berkshire Hathaway and Tokio Marine Form Major Strategic Insurance Partnership 
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions 
Explosion and Fire Erupt at Valero Oil Refinery in Port Arthur, Texas 
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round 
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion 
Air Canada Express Crash at LaGuardia: Controller Distracted by Prior Emergency 
Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets 
G7 Foreign Ministers Gather in France Amid Global Tensions and U.S. Policy Uncertainty 
Maduro Faces Rare Narcoterrorism Charges in U.S. Court 
Taiwan Arms Deal on Track Despite U.S.-China Summit Uncertainty 
Trump Administration Settles Lawsuit Barring Federal Agencies from Pressuring Social Media Censorship 
Trump to Visit China in May for High-Stakes Xi Summit Amid Iran War 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
Merck's $6 Billion Bid for Terns Pharma Signals Bold Oncology Push 
Pakistan's Diplomatic Rise: Mediating U.S.-Iran Peace Talks 
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield 
Tesla (NASDAQ: TSLA) CEO Elon Musk shared insights on Tesla’s struggles, government waste, and DOGE in a candid interview with Fox Business host Larry Kudlow.
Addressing X's outage, Musk attributed the disruption to IP addresses from Ukraine. He also commented on Tesla’s stock decline and ongoing protests, stating, “It is tough sledding, but I think we are doing the right thing.”
Musk criticized massive government waste, referencing a Government Accountability Office report estimating $500 billion in fraud. He vowed to cut costs for taxpayers and called the bureaucracy an obstacle to policy execution. Musk also claimed that interest payments on U.S. national debt now surpass the national security budget, warning that without intervention, “we would just be servicing debt.”
On DOGE, Musk revealed his team has grown to 100 people and will double to 200. When asked about strategy, he bluntly stated, “We follow the money,” pointing to USAID funds flowing into NGOs, which he called a “fraud loophole.”
Musk also took aim at entitlement programs, suggesting that cutting waste could save $500-700 billion annually. He alleged Democrats use these programs to attract and convert illegal immigrants into voters, fueling political tensions.
Pressed on his business operations, Musk admitted he is managing them “with great difficulty.” However, he remains confident that DOGE could generate $1 trillion in savings, “unless we are stopped.”
Finally, Musk reassured the public regarding stranded astronauts, promising, “We are going to get them back in a few weeks.”
