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Trump takes aim at Elon Musk for forming a new political party

Tesla CEO Elon Musk and US President Donald Trump at the oval office of the White House on May 30, 2025.

Kevin Dietsch | Getty Images

After establishing a new political party, US President Donald Trump opposed Elon Musk after he called the movement “ridiculous” and said that the technology billionaire went “completely from rails”.

“I’m sorry to watch Elon Musk’s completely ‘coming out of the rails’, becoming a train debris for the last five weeks, Tr Trump said on a real Social Social in the state on Sunday. “The only thing that third parties are good is the creation of complete and total interruption and chaos.”

Musk a X shipment on Saturday He founded the “American Party” to compete against the Republican and democratic parties. The billionaire had received the idea of ​​a new political party for weeks, Trump said that his tax and spending plans would go bankrupt.

“From 2 to 1, you want a new political party and you will have it!” “Today, the American Party was founded to give you back your freedom.”

The dispute on the expenditure draft led to a dramatic decrease between Trump and Musk, seeing Musk spent millions of dollars in Trump’s re -election proposal, and the President appointed Musk to lead the government’s department to lead the fields to describe the fields to reduce federal expenditures.

“I think it is ridiculous to start a third party. said marketReuters reported one day after the announcement of Musk.

Trump also aimed to push for the “electric vehicle mission” on Sunday, and said that he would “forced everyone to buy an electric car in a short time”.

The tax and expenditures of the President, the invoice signed to the law on July 4, ended tax loans for electric vehicle buyers.

Trump said he plans to terminate a home tax loan if Musk won a second term during the presidential campaign.

“When Elon gave me his total and undisputed approval, I asked him if he knew he was going to end his home task – in every conversation I made and in every conversation I had. He said he had no problems with this.” He said.

Musk’s announcement was criticized by Trump’s allies, such as James Fishback, CEO of Invest Azoria, investment company.

Fishback, Musk’s new party formation “in a direct response” Azoria Tesla Postponed the first public list of the ETF of Azoria Tesla, and Tesla called on the board of directors to restrain him.

“This creates a conflict with his full -time responsibilities as Tesla’s CEO. He takes his focus and energy away from Tesla’s employees and shareholders,” Fishback said in an article on x.

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