Elon Musk: “There's a lot of people who are federal government…”

“We found at the Small Business Administration that they're giving out loans to people as young as nine months. So we're stopping things like that. We've actually found There's a lot of people who are federal government employees, they're active employees, who nonetheless applied for and have received unemployment insurance while they're federal employees. Yes. Wow. And this appears to be at least 100,000 people. Wow. We know that you're finding all of this, but you're actually also simultaneously running several companies.” (09:27–09:37)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.