Jimmy Fallon Says the Economy Is So Bad ‘Elon Musk Is Thinking About Laying Off Donald Trump’ | Video

The NBC host also mocks the president for posting 100 times on Truth Social in six hours

Jimmy Fallon
Jimmy Fallon hosting "The Tonight Show Starring Jimmy Fallon" (Photo Credit: NBC)

Jimmy Fallon suspects that another high-ranking member of the government may be on the DOGE chopping block: President Donald Trump.

“Right now, the economy is so bad Elon Musk is thinking about laying off Donald Trump,” Fallon said on Tuesday night to the delight and applause of his studio audience.

The NBC host then followed up his assessment with a series of rapidfire one-liners. “People are saying Trump doesn’t know anything about the economy, and they might have a point. I mean, he thinks bear markets are where RFK Jr. buys his lunch meat. I’m not kidding. Trump thinks duopoly is the artist who sings ‘Dance the Night Away’ and ‘Levitating.’”

Each of these were accompanied by a rimshot from The Roots. The comedian then added in one more for good measure: “Trump thinks that endowment is what the dad in ‘The White Lotus’ shared under his robe last night.”

Fallon also mocked Trump for posting over 100 times on Truth Social in just six hours. “Smart. Nothing calms people down like manic posting on social media,” Fallon said before adding that Don Jr. said, “I’ll snort what he’s snorting.”

The opening monologue for “The Tonight Show” was a bit more reliant on sketches than usual. Fallon debuted a new commercial for Tesla that was narrated by Donald Trump, the joke being that as soon as the president saw a clip of a Cybertruck, he became so derailed by how ugly it is that he was unable to make a normal, positive commercial. The bit ended with the tagline, “Tesla: If I looked like that, I’d burst into flames, too.”

The late night staple also debuted a fake explainer video for the “Trump Deport Yourself” app following the administration’s announcement of its “self-deportation” procedures. Watch the full monologue, above.

Comments