Elon Musk: “We found that there are twice as many credit cards as there…”

“Yes, the government was paying for thousands of licenses of software or media subscriptions, and no one had ever logged in even once. Or like credit cards, you found the same thing with government credit cards. We found that there are twice as many credit cards as there are humans [in government departments]. And I still don't have a good explanation for why this is the case. And these are $10,000 limit cards. So it's a lot of money.” (03:11–03:15)

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.