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Trump to hold press conference with Musk as Tesla CEO departs government

President Donald Trump plans to hold a press event at 1:30 p.m. On Friday, May 30, in the Oval Office alongside Elon Musk, marking Musk’s final day in his government position.
Appointed in January to lead efforts aimed at reducing government waste through the Department of Government Efficiency , Musk announced his departure after expressing dissatisfaction with the administration’s $3.8 trillion spending plan.
Under Musk's leadership, DOGE achieved $175 billion in savings by selling assets, terminating contracts, cracking down on fraud, and implementing additional spending cuts, though he lowered his goals for reducing expenditures and encountered pushback from government officials.
Musk criticized the bill as a “massive spending bill” that increases the budget deficit and undermines DOGE’s work, while Trump called it his “big beautiful bill” and thanked Musk for his service.
Musk’s exit signals his return to private businesses, but officials say the DOGE effort will continue and Musk will remain an important adviser to Trump and others.

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