The potential launch of the America Party by billionaire Elon Musk could result in him committing more time to politics once again, putting key time with Tesla Inc. TSLA on the back burner. What Happened: Passage of the "Big Beautiful Bill" by Congress and President Donald Trump could be bad for Tesla and the electric vehicle sector due to the elimination of the $7,

A mega investor and ally of President Donald Trump has launched a super PAC to challenge Elon Musk’s political ambitions.James Fishback, a former Department of Government Efficiency adviser, launched the FSD PAC Tuesday to counter Musk’s “antics.

The brief détente between Elon Musk and President Donald Trump took its last breath over the weekend, as the billionaire and once top Republican donor announced he would form a new political party.

Tesla CEO Elon Musk's plan to launch a new political party has rekindled concerns about his political activism, distracting him from his duties as the leader of Tesla. The CEO's latest foray into politics has prompted an analyst with a bullish view of Tesla to call for the board to step in to keep things on the rails.

The U.S. president launched new barbs at the tech billionaire and said the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk's business interests in space.