Chicago

Elon Musk Resigns as Head of DOGE; Trump Announces Continued Collaboration

Elon Musk Resigns as Head of DOGE; Trump Announces Continued Collaboration

Elon Musk's Surprise Resignation as DOGE Chief; Trump Praises Musk, Assures Continued Support. A press conference in the Oval Office marks Musk's departure.

Elon Musk: One of the world's most prominent business leaders, Elon Musk, has once again surprised everyone with his decision. Musk has resigned from his position as Chief of DOGE (Department of Government Expenditure). This decision has sparked considerable discussion. Musk himself announced his resignation on social media, stating that his tenure as a Special Employee in the US government has concluded. He expressed gratitude to US President Donald Trump, thanking him for the opportunity to work on reducing government spending.

Trump's Reaction to Musk's Resignation

Following Elon Musk's sudden resignation, everyone was eager to hear the response of US President Donald Trump. Trump eventually shared his opinion on Musk via social media.

Trump praised Musk profusely, stating, "Elon Musk is a fantastic person. We will hold a press conference in the Oval Office tomorrow; it will be his last day, but he will always be with us and continue to help us."

Trump announced a joint press conference with Musk at 1:30 PM local time. Trump's statement clearly indicates that despite Musk's departure, their relationship and the government's connection with him will continue.

Musk's Resignation and Statement: 'The DOGE Mission Will Grow Stronger'

In his social media post, Musk stated that his term as a Special Employee is ending. He thanked President Trump for including him in the mission to reduce government spending. Musk said that the DOGE (Department of Government Expenditure) mission will only grow ber over time.

According to Musk, "Working for the government was a fantastic experience. I will always be grateful to President Trump and his administration for giving me this opportunity."

Musk's Resignation: Impact of Falling Tesla Shares and Mounting Pressure?

Considering the reasons behind Elon Musk's resignation, speculation has been rife for several months. It was suggested that his work with DOGE was preventing him from fully focusing on his businesses.

Regarding Tesla's business, sales have declined in recent months. Investors were concerned, and several large investors even demanded Musk's resignation. A boycott of Tesla cars in the US also gained momentum, significantly impacting Musk's company.

Tesla's shares have continuously declined. Musk himself admitted in a statement that he was struggling to manage everything. It was also suggested that disagreements arose between Musk and Trump regarding Trump's One Big Beautiful Bill.

Musk responded to this, saying, "I think a bill can be big, or it can be beautiful, but it can't be both."

130-Day Tenure and Musk's Achievements

Musk worked as a Special Employee in the US government for approximately 130 days. During this time, his primary focus was on reducing government spending and improving the efficiency of government departments. Musk believed that technology and innovation could reduce government expenses.

Trump and Musk's Chemistry

There has been much speculation regarding the relationship between Musk and Trump. Sometimes reports suggested deep disagreements, while at other times, they were seen praising each other. Trump's statement makes it clear that even after Musk's departure, he considers him a close associate.

Trump's statement following the announcement of Musk's resignation is significant. It suggests that even though Musk may no longer be officially part of the government, his experience and insights will continue to benefit the administration.

Leave a comment