Trump Says He Is Having Elon Musk Over At The White House Tomorrow For A Press Conference As Billionaire Exits Government: 'This Will Be His Last Day, But Not Really…'

On Thursday night, President Donald Trump said that he will host Elon Musk at the White House on Friday to mark the Tesla Inc. TSLA CEO's departure from his official role leading the administration's Department of Government Efficiency.

What Happened: In a post on Truth Social, Trump said, "I am having a Press Conference tomorrow at 1:30 P.M. EST, with Elon Musk, at the Oval Office. 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."

Don't Miss:

• Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share.
• Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.

Why It's Important: Musk's move away from DOGE follows growing scrutiny over possible conflicts of interest and a drop in Tesla's sales.

In an interview earlier this month, the billionaire acknowledged he may have devoted a bit too much time to politics, calling his engagement with government matters a time allocation issue.

Musk's renewed focus on Tesla has reignited optimism among Wall Street analysts. Dan Ives of Wedbush Securities gave a bullish price target of $500, envisioning a potential $2 trillion valuation for the company.

The Tesla CEO's decision to distance himself from DOGE also comes alongside his disapproval of Trump's $3.8 trillion spending plan, which he criticized as disappointing and detrimental to the efforts of DOGE.

Photo Courtesy: RKY Photo on Shutterstock.com

Read Next:

• Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late.
• Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!