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NEW: Elon Musk just revealed that the government handed the Navy $12 billion to build new submarines—and not a single submarine was built.
When investigators asked where the money went, Navy officials shrugged and said they had no idea.
“There’s a case where I think Senator Collins was telling me about how she gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to say where the $12 billion go.“And they were like, we don’t know. That was it.
I mean, basically, stuff is so crazy. Only the federal government could get away with this level of waste,” Musk said.
When investigators asked where the money went, Navy officials shrugged and said they had no idea.
“There’s a case where I think Senator Collins was telling me about how she gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to say where the $12 billion go.“And they were like, we don’t know. That was it.
I mean, basically, stuff is so crazy. Only the federal government could get away with this level of waste,” Musk said.