US President Donald Trump showered kind words on Tesla CEO Elon Musk as the billionaire marked his final day within the Trump administration. In a post on his social media platform TruthSocial, Trump announced that he will be holding a press conference on Thursday at 1:30 PM (local time).
He went on to heap praises for Musk, calling him “terrific”. In the post, Trump emphasised that while it is Musk’s final day as the head of the Department of Government Efficiency (DOGE), he will remain close to the White House. “I am having a Press Conference tomorrow at 1:30 P.M. EST, with Elon Musk, at the Oval Office,” the president announced in his post on TruthSocial.
“This will be his last day, but not really, because he will always be with us, helping all the way. Elon is terrific! See you tomorrow at the White House,” he added. It is pertinent to note that Musk’s time in the government ends on May 30, which is the legal 130-day limit for his “special government employee” designation after he was appointed to lead Doge in January this year.
Musk’s turbulent run
According to the Doge website, Musk’s department saved the Trump administration $175 million through asset sales, contract cancellations, fraud payment crackdowns and other spending cuts. However, many critics argue that these figures are bloated.
Ever since Musk assumed the role, Democrats in Congress have sharply criticised his role. During a February House Oversight hearing, Rep. Melanie Stansbury described his influence as “reckless and illegal,” accusing Trump of “outsourcing governing to a billionaire who answers to no one.” '
Meanwhile, Rep. Jasmine Crockett warned Musk was acting as an “unelected official” inside the executive branch. As Musk marks his return to the private sector, Tesla shares rose 4.2 per cent this week, Bloomberg reported. In an investor call earlier this month, Musk reassured shareholders that he will be more active in his role. Starting in June, I’ll be allocating far more time to Tesla and SpaceX now that the groundwork at DOGE is in place,” he told the shareholders.