Slash first, fix later: How Elon Musk cuts costs

Elon Musk, a billionaire entrepreneur, is known for his extreme cost-cutting measures. He implemented these strategies at Tesla, SpaceX, and Twitter. Musk's methods often involved mass layoffs, cutting perks, and negotiating lower prices from vendors. He will now apply his cost-cutting approach to the US government as head of the Department of Government Efficiency.