Elon is the definition of Dunning-Kruger. He seems smart (maybe) when he's talking about something you know nothing about but as soon as he talks about something you do know about, the illusion quickly shatters. Many here learned this after the Twitter takeover when he started talking about software and technical infrastructure.
The only thing going on here is some performative cuts to mollify the base and make some headlines. The real goal here is looting the public purse for the (further) benefit of the ultra-wealthy.
Welcome to the kleptocracy.