Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set earlier as co-head of a new advisory body,

Elon Musk on Wednesday backtracked on his goal to cut $2 trillion from the U.S. budget in his role as the co-head of DOGE, Donald Trump’s proposed new advisory body which aims to slash waste and regulations to lower taxes.

Elon Musk is backing away from his campaign trail commitment to trim $2 trillion in government spending. While stumping for Donald Trump days before November’s presidential election, the billionaire GOP donor told cheering fans he would help the new administration cut “at least” that amount from the federal budget.