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A file photo shows republican presidential nominee, former President Donald Trump offers his hand to Tesla and SpaceX CEO Elon Musk back stage during a campaign rally at the Butler Farm Show grounds on October 05, 2024 in Butler, Pennsylvania. US President-elect Donald Trump on November 12, 2024, said Tesla and SpaceX CEO Elon Musk will lead a so-called Department of Government Efficiency alongside US entrepreneur Vivek Ramaswamy. | AFP Photo

US President-elect Donald Trump on Tuesday said Tesla and SpaceX CEO Elon Musk will lead a so-called Department of Government Efficiency alongside American entrepreneur Vivek Ramaswamy.

‘Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies - Essential to the 'Save America' Movement,’ Trump said in a statement.