Elon Musk Considers New Political Party as Feud with Trump Escalates
Elon Musk has floated the idea of creating a new U.S. political party to represent what he calls the "80% in the middle," sparking a fiery public clash with former President Donald Trump. A Twitter poll posted by Musk showed over 80% support for the concept, moments after TRUMP launched a series of personal attacks on the tech billionaire.
The feud turned financial when Trump threatened to cancel government contracts with Musk's companies, prompting a defiant "make my day" response. The tension marks a sharp reversal from their recent Oval Office appearance, where they publicly praised each other during Musk's tenure at the Department of Government Efficiency.
The rift deepened when Musk criticized Trump's budget cuts to electric vehicle credits—a direct blow to Tesla—leading to retaliatory contract terminations and a 12% drop in Tesla's stock. Trump's subsequent claims about Musk's government departure and cost-cutting suggestions added fuel to the fire.