Elon Musk donated $15 million to Trump and GOP super PACs despite recent public criticisms of Trump, and also invested heavily in his own super PAC and Wisconsin's Supreme Court race, indicating ongoing political engagement and potential plans for a new political party.
Tesla CEO Elon Musk announced plans to start a new political party called the America Party, prompting Wedbush analyst Dan Ives to suggest that Tesla's board should impose limits on Musk's political activities and increase his ownership stake. Musk responded dismissively to Ives' comments, highlighting ongoing tensions between the CEO's political ambitions and corporate oversight. The situation underscores concerns about Musk's focus on politics amid Tesla's financial and strategic challenges.
Elon Musk announced plans to create a new political party, sparking a public feud with Donald Trump, who dismissed the idea as 'ridiculous.' The disagreement stems from Musk's criticism of recent legislation and their differing views on electric vehicle policies and government spending. Despite Musk's hints at forming a third party, it remains unclear if he has filed the necessary paperwork, with his focus currently on influencing key Senate and House races.
Elon Musk reignites tensions with Donald Trump by criticizing a recent Republican bill and discussing his political ambitions, leading to public disputes and impacting Tesla's stock performance.
Tesla shares dropped over 7% in premarket trading after Elon Musk announced plans to launch a new political party called the 'America Party,' which has raised concerns among investors about Musk's increasing involvement in politics amid Tesla's recent delivery decline and rising competition.
Elon Musk announced plans to create a new political party called the 'America Party,' aiming to influence key Senate and House races, but faces skepticism from some political and business figures, including Treasury Secretary Scott Bessent, who suggests Musk should focus on his business ventures instead.
Elon Musk announced the formation of a new U.S. political party called the 'America Party,' aiming to influence key legislative seats and promote what he describes as restoring American freedom, amid his ongoing political disagreements with Donald Trump.
Elon Musk has proposed the formation of a new 'America Party' aimed at influencing key Senate and House seats, especially under slim Republican margins, as part of his broader critique of the two-party system and recent political developments. He has expressed intentions to focus on a few critical districts to sway legislation, amid ongoing tensions with Republicans and former President Trump.
Elon Musk plans to create a new political party called the 'America party' to challenge the two-party system, citing dissatisfaction with current politics, but faces significant legal, financial, and political hurdles that make such an endeavor highly complex and uncertain.
Elon Musk announced he would form the 'America Party' if President Trump's controversial spending bill passes, criticizing it for increasing the federal deficit and favoring outdated industries, and vowed to challenge politicians supporting the bill in primaries.
Elon Musk criticized President Trump's spending bill, calling it a 'PORKY PIG PARTY' and advocating for a new political party that prioritizes the people, amid ongoing tensions over the bill's massive increase in the national debt and Musk's feud with Trump.
The stock market declined on June 5, 2025, with Tesla dropping nearly 10% amid Elon Musk's poll on creating a new political party and his feud with President Trump, which also affected Tesla's stock and political discussions around tax bills.
The leader of South Korean President Yoon Suk Yeol's political party has called for his impeachment, signaling significant internal conflict and potential political upheaval within the party.
Millions of young voters in Pakistan rallied behind former prime minister Imran Khan's political party, defying the establishment's efforts to dismantle it. Despite falling short of an absolute majority in Parliament, candidates backed by Khan gained more seats than any other party, delivering the biggest election surprise in the country in half a century. The party's digital-savvy campaign resonated with young voters, who used platforms like TikTok to mobilize support. The election result signals a shift in Pakistani politics, with the younger generation playing a significant role in shaping the country's political landscape.
No Labels, initially a social welfare organization, has faced criticism and legal challenges as it pursues ballot access in multiple states for a potential independent presidential candidate in the 2024 election. The group's shift in mission from bipartisan activism to a possible third-party bid has led to accusations of "bait and switch" from donors and questions about its financial transparency. No Labels has obtained ballot access in 14 states but faces challenges in others, prompting debate over its status as a political party and its candidate selection process.