The world’s richest man has started the week with his Tesla stocks sliding after he announced plans to start a new political party in the USA. The America Party is designed to challenge the two-party stronghold of the Democrats and Republicans. Musk had backed away from politics for a few weeks after an epic fallout with Trump over the Big Beautiful Bill and his businesses taking a hit. But he’s back and ready to take on Trump.
Trump has announced a delay to his tariff plans as he pushes for a global trade deal, but he has threatened an extra 10% tariff on any countries that side with the policies of the BRICS alliance, as it goes against US interests.
The death toll in the horrific Texas flooding continues to rise, currently at more than 80, many of them being children. The rising death toll comes as more rain is expected in Texas and fears the situation is about to become even worse.
Browsing: The America Party
Tesla shares plunged around 7 per cent in pre-market trading after Elon Musk announced the launch of a new U.S. political party, dubbed the “America Party”, and reignited a public feud with former President Donald Trump.
Elon Musk has launched the America Party, a new political entity aimed at hitting back at the traditional two-party system in the US.
Elon Musk announces the formation of the America Party to challenge the current political system, citing concerns over waste and corruption within the existing one-party framework.
US President Donald Trump on Sunday blasted multibillionaire CEO Elon Musk’s launch of a new US political party called the America Party.
Elon Musk has announced the formation of a new political party, named the America Party, following a poll on X, where he garnered significant support from his followers.