Administration expresses gratitude for Musk's tenure: 'He served honorably' - Administration's Response on Musk's Departure: "Appreciative for his contributions"
Elon Musk, the world's wealthiest individual, has tendered his resignation as a "special government employee" within the Trump administration. His tenure began by overseeing cuts in workforce and expenditure across government departments and agencies, a role created under the then-president's administration.
President Trump has announced a press conference with Musk in the Oval Office for Friday at 1:30 PM local time (7:30 PM CEST), as per a post on Trump's Truth Social platform. He stated that Musk would continue to support the administration in an advisory capacity even after his resignation.
Following his resignation, Musk plans to re-focus his attention on his entrepreneurial ventures, particularly Tesla, the electric car manufacturer, and SpaceX, the space exploration company. Tesla, notably, faced substantial revenue losses and profit declines in Europe during the first quarter.
Recent challenges for Musk's social media platform, X, and a failed ninth test flight of SpaceX's gigantic Starship rocket have also been reported. Musk also courted controversy in Europe, especially in Germany, by supporting right-wing political groups, most notably during the Bundestag election campaign.
White House Press Secretary Karoline Leavitt confirmed Musk's departure, expressing gratitude for his services. The Trump administration remains optimistic about maintaining their collaborative relationship with Musk, despite the change in his official role.
- Elon Musk
- White House
- Donald Trump
- Austerity Measures
- Washington
- Karoline Leavitt
- US President
- SpaceX
- Europe
(Reuters) Enrichment Data Details (optional):
- The original White House position of Musk, even as a special employee, offered him some degree of influence over international aerospace and defense policy. His resignation could limit direct impact on U.S. government negotiations with European agencies such as the European Space Agency (ESA) or individual European governments seeking SpaceX contracts or cooperation.
- SpaceX is expected to continue operations with European partners through commercial contracts, but may find less leverage in shaping European regulatory or policy decisions without Musk's official government support.
- Some European policymakers might interpret Musk's departure as a sign of reduced U.S. executive engagement in space policy, potentially influencing how European governments choose to partner or regulate US commercial space companies.
- Tesla's business in Europe depends primarily on commercial factors, EU regulations, and consumer demand rather than Musk's government role, so his departure is not expected to have a significant impact on Tesla's operations or regulatory standing in Europe.
- While Musk held sway in Washington, European stakeholders could perceive a slight shift in influence with his resignation. However, Tesla's expansion and regulatory challenges in Europe will primarily hinge on EU policy and market conditions rather than Musk's newfound status.
- Elon Musk, who has resigned from his special government employee role within the Trump administration, is expected to continue supporting the administration in an advisory capacity, according to President Trump's announcement for a press conference at the White House on Friday.
- White House Press Secretary Karoline Leavitt confirmed Musk's departure from the administration, expressing "we thank him for his service" in a statement, while the Trump administration remains optimistic about maintaining their collaborative relationship despite the change in his official role.