Tesla Chief Financial Officer Vaibhav Taneja has been officially designated as treasurer and custodian of records for Elon Musk’s newly launched political outfit, the America Party, according to filings submitted to the U.S. Federal Election Commission (FEC) on July 4, 2025. This development

Tesla shares fell sharply—dropping nearly 7% in pre-market trading—after CEO Elon Musk announced the launch of his new political outfit, the “America Party.” The move has triggered fresh concerns among investors over Musk’s ability to stay focused on the company’s core operations at a time when Tesla faces mounting headwinds. Tesla dip The stock reaction […]

U.S. President Donald Trump has publicly ridiculed Elon Musk’s newly launched “America Party,” calling the move “ridiculous” and branding Musk a “train wreck.” Speaking to reporters and posting on his social media platform, Trump dismissed the idea of a viable third-party challenge to the Republican-Democrat duopoly in U.S. politics. America Party Trump declared that the

Elon Musk has officially announced the launch of a new political force in the United States: the America Party. Frustrated with what he described as a “one-party system” that thrives on “waste and graft,” Musk’s declaration signals a bold entry into the political landscape as he vows to challenge both traditional parties. America Party The […]

Elon Musk has unleashed a scathing attack on lawmakers backing President Donald Trump’s flagship economic proposal, the so-called “Big, Beautiful Bill,” threatening to form a new political party and support primary challenges against Republicans who vote for it. Musk, who once served under Trump as head of the Department of Government Efficiency (DOGE), now appears […]