Political rift

After a public fallout with Donald Trump, Elon Musk proposed forming a new “America Party” to represent the political center. A poll on X showed overwhelming support. The disagreement stems from Musk’s criticism of Trump’s tax plan, leading to public clashes and threats from Trump regarding financial support for opposing candidates and government contracts. Trump stated the relationship between them is over.

Elon Musk and Donald Trump’s relationship has fractured, moving from support to open animosity. This public split, seemingly triggered by policy disagreements like the “Big and Beautiful” bill which Musk opposes, has led Musk to call for Trump’s impeachment. The fallout has negatively impacted Tesla, with its stock experiencing a significant decline. The shift marks a dramatic departure from their previous alignment, creating uncertainty for the business and political landscape.