Obama commended Harris for her vice presidential selection.

"Let me tell you something. I love this guy," he said of Minnesota Gov. Tim Walz. "Tim is the kind of person who should be in politics. Born in a small town, served his country, taught kids, coached football, took care of his neighbors. He knows who he is and he knows what's important."

He said the Harris-Walz ticket is the embodiment of America's story.

"A story that says we are all created equal, all of us endowed with certain inalienable rights, that everyone deserves a chance, that even when we don't agree with each other, we can find a way to live with each other," he said. "That's Kamala's vision. That's Tim's vision. That's the Democratic Party's vision."

Obama derided Trump's campaign for trying to pit Americans against one another.

"Donald Trump wants us to think that this country is hopelessly divided between us and them, between the real Americans who of course support him and the outsiders who don't," he said. "And he wants you to think that you'll be richer and safer, if you will just give him the power to put those other people back in their place."

"It is one of the oldest tricks in politics from a guy whose act has, let's face it, gotten pretty stale," he continued. "We do not need four more years a bluster and bumbling and chaos. We have seen that movie before. And we all know that the sequel is usually worse."

"America is ready for a new chapter. America is ready for a better story. We are ready for a President Kamala Harris."

"Now the torch as been passed," Obama said, turning to Harris' candidacy and her campaign against former President Donald Trump.

"Now it is up to all of us to fight for the America we believe in," he added. "And make no mistake, it will be a fight."

Obama went on to slam Trump as a "78-year-old billionaire who has not stopped whining about his problems since he rose down his golden escalator."

"As we gather here tonight, the people who will decide this election are asking a very simple question: Who will fight for me? Who’s thinking about my future, about my children’s future, about our future together?" he asked. "One thing is for certain, Donald Trump is not losing sleep over that question."

As Obama reminisced on accepting the party's nomination 16 years ago, he spoke about choosing President Joe Biden to be his running mate.

"And looking back, I can say without question that my first big decision as your nominee turned out to be one of my best, and that was asking Joe Biden to serve by my side as vice president," he said.

"Other than some common Irish blood, Joe and I come from different backgrounds," he continued. "When we became brothers, and as we worked together for eight, sometimes pretty tough, years. What I came to admire most about Joe wasn’t just his smarts; his experience. It was his empathy, and his decency. And it’s hard earned resilience. His unshakable belief that everyone in this country deserves a fair shot. And over the last four years, those are the values America has needed most."

Obama went on to praise Biden's leadership as president and for putting the nation before his personal ambition by stepping aside.

"History will remember Joe Biden as an outstanding president who defended democracy at a moment of great danger," Obama said. "And I am proud to call him my president, but I am even prouder to call him my friend."