Elon Musk announces America Party'
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Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,” Musk concluded.
Musk has previously made his opinions about Trump's "big, beautiful bill" clear. In late May, just a few days before he officially left his post in the federal government, he told "CBS News Sunday Morning" he was "disappointed" with the bill's price tag.
Though Trump and Musk are on the outs, workers with longstanding ties to the Tesla billionaire remain embedded in the government.
1don MSN
Tesla CEO Elon Musk rebuffed analyst Dan Ives' suggestion that Tesla's board establish guardrails for his political activism after he vowed to launch an America Party.
Elon Musk, the world's richest person, reignited his criticism Monday of the Trump-backed One Big Beautiful Bill Act.
Susie Wiles said it was "not a good ending" for Musk's time in the White House, but she enjoyed working with him overall.
Musk retweeted political charts showing that 43% of the U.S. is unaffiliated/ independent, despite 99% of Congress being part of one of the two major parties. He also commented on the Ukraine-Russia war and the tragic flooding in Texas.
Musk’s net worth fell by as much as $15 billion in the days following the announcement of his political party. Market Reaction: Tesla stock dropped nearly 7% on the first trading day after the announcement,