Trump Praises Musk Ahead of Final Day in Advisory Role

Oval Office Press Conference Scheduled for Friday

U.S. President Donald Trump praised Elon Musk on Thursday and announced that the billionaire will join him for a press conference in the Oval Office on Friday at 1:30 p.m. EST (1730 GMT). The event marks the official end of Musk’s tenure in the administration.

“This will be his last day, but not really, because he will, always, be with us, helping all the way,” Trump said in a statement. “Elon is terrific!”

Musk Steps Down, Reassures Tesla Investors

Musk had announced on Wednesday that he would be stepping down from his White House position. The news offered some relief to Tesla investors, as the company’s shares had taken a hit earlier in the year, partly due to controversy surrounding Musk’s political affiliations.

Head of Government Efficiency Office

During his time in Washington, Musk led the administration’s so-called Department of Government Efficiency, a role focused on cutting federal spending and streamlining operations across agencies.

Criticism of GOP Budget Plan

Earlier this week, Musk voiced concerns about the high cost of the Republican tax and budget legislation currently under debate in Congress. His comments added complexity to his relationship with the party he has publicly supported.

Vows to Cut Political Spending

Musk recently pledged to reduce his political contributions after reportedly spending nearly $300 million last year on Trump’s campaign and other Republican candidates. The announcement signals a shift in his approach to political involvement moving forward.

“Trump Praises Musk Ahead of Final Day in Advisory Role”