India, March 28 -- Elon Musk might be considering stepping down from his role at President Donald Trump's Department of Government Efficiency (DOGE). During an interview with Fox News, the billionaire admitted that 'he is done with cost-cutting'. However, he did not reveal any specifics about the future of the department.

Musk told Fox News' Bret Baier that he is confident that DOGE could find $1 trillion in savings, bringing the total federal spending down to $6 trillion. The 53-year-old was appointed as a special advisor to President Trump as he spearheaded the government's cost-cutting efforts.

"I think we will accomplish most of the work required to reduce the deficit by a trillion dollars within that time frame," Musk added. "The g...