Musk's New Political Party Sparks Feud with Trump and Tesla Stock Drop

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Source: ABC News - Breaking News, Latest News and Videos
Musk's New Political Party Sparks Feud with Trump and Tesla Stock Drop
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR

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.

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