Musk’s new political party sparks backlash from Trump allies and investors

Jul. 06, 2025 4:16 PM ETTesla, Inc. (TSLA) StockBy: Rob Williams, SA News Editor138 Comments
Republican Lawmakers Work To Pass Trump"s "One, Big, Beautiful Bill" On Capitol Hill

Al Drago/Getty Images News

Elon Musk’s surprise announcement of the "America Party" has deepened his rift with Donald Trump and drawn criticism from both political and business circles. A day after Musk revealed plans to launch the new party in response to Trump’s tax and spending legislation, Treasury

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