The billionaire entrepreneur Elon Musk surprised everyone yesterday by resigning as the chief of DOGE. U.S. President Donald Trump has now responded for the first time to Musk's departure.
In a social media post, Trump praised Musk and revealed that he would hold a joint press conference with him at the White House. Trump stated, 'Tomorrow, at 1:30 PM local time, I will be in the Oval Office with Elon Musk for a press conference. It will be his last day, but he will always remain with us and continue to assist us. Elon is a remarkable person. See you tomorrow at the White House.'
Musk announced on social media yesterday that his tenure as a special employee with the U.S. government is ending. He expressed gratitude to President Donald Trump for the opportunity to help reduce governmental spending. Musk also emphasized that DOGE's mission would strengthen over time.
For some time now, there had been speculation that Musk was unable to focus on his businesses due to managing DOGE's operations. Musk made this decision at a time when he was reportedly upset with Trump's 'One Big Beautiful Bill'. Regarding this, Musk commented, 'I believe a bill can either be big or great, but not both simultaneously.'
A White House official confirmed that Musk is parting ways with the U.S. government. Musk had served as a special employee with the government for 130 days.
Moreover, there have been long-standing rumors about the declining sales of Tesla, Musk's company. Investors have been unable to recover from the consistent drop in Tesla's stock prices. Amid these events, Tesla investors have also called for Musk's resignation. Tesla is facing a strong boycott in America, affecting everything from car sales to its stock. Amidst the stock decline, Musk recently commented that managing everything has become very challenging for him.
