Musk Criticizes Overly Burdensome U.S. Government

Tesla CEO Musk retweeted a report from the American organization "Regulatory Research Center" on social media, criticizing the U.S. government's regulatory system as excessively large. He pointed out that between 2000 and 2010, federal regulatory spending and staffing grew significantly, far exceeding the previous twenty years.

Musk metaphorically stated, "There are too many regulators, it’s like having more referees in a sports game than players on the field!" He was also appointed as an advisor to the Trump administration, responsible for leading the "Department of Government Efficiency," aimed at streamlining government agencies.$STMX