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Elon Musk Waves Chainsaw at CPAC in a Call for Bureaucracy Cuts

Published: February 21, 2025|Last updated: February 21, 2025

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  • Multi-billionaire Elon Musk appeared at the Conservative Political Action Conference (CPAC) in Washington D.C.
  • Musk was gifted a wood-cutting tool by Argentina’s President Javier Milei and waved it around while screaming “This is the chainsaw for bureaucracy”
  • Criticizing the previous administration, Musk emphasized the alleged facilitation of granting foreigners a 2-year work permit

Multi-billionaire and one of the most influential advisors of President Trump, Elon Musk appeared as a speaker during today’s Conservative Political Action Conference (CPAC), outside of Washington D.C.

The wood-cutting tool was gifted by Argentina’s President Javier Milei, who was previously speaking at the conference.

The Tesla CEO appeared excited about the gift. As soon as Musk got his hands on the tool, he started waving it around while screaming “This is the chainsaw for bureaucracy”.

During the CPAC event, Elon Musk publicly criticized the previous administration. Particularly, the South African billionaire emphasized the alleged facilitation of granting foreigners a 2-year work permit, which in his view was done to get more Democratic support in Swing states. 

He referenced it as a “real scam at scale to tilt the scales of democracy in America”, later calling the act “treason”.

As head of the Department of Government Efficiency (DOGE), Elon Musk has been working towards easing the U.S. debt. Despite some of the cuts being the target of criticism, DOGE has saved around $55 billion from the overall federal budget spending.

The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Giovane

My name is Giovane, and I've been covering the world of cryptocurrencies for nearly half a decade. I have a deep passion for understanding how crypto is shaping our future and enjoy diving into the news that highlights these changes. I'm particularly interested in how Bitcoin, Altcoins, and blockchain technology impact economies and societies worldwide.


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