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.
2don 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.
Republicans are rightly worried about Elon Musk’s threat to form a third party, but for all his considerable talents, the billionaire’s latest political project faces numerous obstacles before it can become a real threat to the status quo.