Elon Musk Goes to the Oval Office 2/12/25

President Trump and Elon Musk defended DOGE’s sweeping government reforms during a joint Oval Office appearance, highlighting their effort to curb what they call excessive federal spending. Trump signed an executive order providing new guidelines for agencies to implement DOGE, reinforcing Musk’s vision of a leaner bureaucracy. Joe Lonsdale, 8VC founding partner, Palantir co-founder, and friend of Elon Musk, shares his thoughts on Musk’s growing role in DC, his $97B+ bid for OpenAI, and the debate over carried interest. CNBC’s Phil LeBeau reports on whether the U.S. has hit peak truck and SUV demand, Disney, Goldman Sachs, and PBS are rolling back aspects of their DEI programs, and JPMorgan Chase workers are pushing back on the five-day office mandate. Joe Lonsdale    17:10Phil LeBeau       37:34 Joe Lonsdale, @JTLonsdale5Phil Lebeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.