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Elon Musk’s New Political Party Sparks MAGA Backlash Online

The suspense is finally over. Elon Musk, the visionary behind Tesla and SpaceX, officially declared the formation of a new political party on Saturday, July 5, 2025. His stated aim: to challenge the long-standing dominance of both the Republican and Democratic parties. “Today, the America Party is formed to give you back your freedom,” the controversial tech entrepreneur announced on X (formerly Twitter) at 3:46 PM ET. By a factor of 2 to 1, you want a new political party and you shall have it

Elon Musk Teases ‘Fireworks’ as Trump Signs His ‘Big, Beautiful Bill’

Elon Musk, the world’s richest man, spent the Fourth of July doing what he does best: stirring speculation, igniting controversy, and hinting at big political moves. All from behind a keyboard. The Tesla and SpaceX CEO kicked off America’s Independence Day with a patriotic post on his platform X (formerly Twitter): “🇺🇸🇺🇸 Happy birthday, America! 🇺🇸🇺🇸” 🇺🇸🇺🇸 Happy birthday, America! 🇺🇸🇺🇸 — Elon Musk (@elonmusk) July 4, 2025 But it was his follow-up that really set off alarms: “Great day for som

Sam Altman Feels ‘Politically Homeless’ As Frenemy Musk Proposes Third Party

Sam Altman is grappling with his political alignment. The 40-year-old CEO of OpenAI, like many of his fellow tech executives in recent years, has expressed that he does not feel at home in the Democratic Party or the Republican Party. In an extended post on X, Altman lamented the fact that he’s now “politically homeless” and yearns for a technocratic utopia—something his once friend and current rival Elon Musk has also been calling for with his push to form a third party. Hmm…interesting timing,

Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Tesla CEO Elon Musk, who bombarded President Donald Trump's signature spending bill for weeks, on Friday made his first comments since the legislation passed. Musk backed a post on X by Sen. Rand Paul, R-Ky., who said the bill's budget "explodes the deficit" and continues a pattern of "short-term politicking over long-term sustainability." CNBC

Elon Musk Teases “Fireworks” as Trump Signs His “Big, Beautiful Bill”

Elon Musk, the world’s richest man, spent the Fourth of July doing what he does best: stirring speculation, igniting controversy, and hinting at big political moves—all from behind a keyboard. The Tesla and SpaceX CEO kicked off America’s Independence Day with a patriotic post on his platform X (formerly Twitter): “🇺🇸🇺🇸 Happy birthday, America! 🇺🇸🇺🇸” 🇺🇸🇺🇸 Happy birthday, America! 🇺🇸🇺🇸 — Elon Musk (@elonmusk) July 4, 2025 But it was his follow-up that really set off alarms: “Great day for some

Elon Musk Rekindles Trump Criticism, Attacks ‘Big, Beautiful Bill’

The long-simmering feud between President Donald Trump and his former ‘first buddy’ Elon Musk is showing signs of boiling over once more. Following the passing of Trump’s signature “One Big Beautiful Bill” that will offer tax breaks to the wealthy while kicking millions off of Medicaid, Musk publicly supported Senator Rand Paul’s criticism (one of the few Republican ‘no’ votes in the Senate), specifically Paul’s assertion that the bill would ‘explode the deficit. Rand posted on X, “The Big Not-

Tesla Stans Can’t Believe They’re About to Lose a Boatload of Money on Elon’s Robotaxi Launch

Why anyone believes the things that come out of Elon Musk’s mouth is a mystery. The vaporware king has peddled so many outlandish claims over the years that it’s difficult to keep a tally. Still, for whatever reason, he retains a small but devoted following who think his utterances are prophetic prognostications rather than the creative ideations of a sci-fi fanboy. One of Musk’s recent dubious claims was that Tesla would launch its robotaxi service in Austin, Texas, by June, claiming that the

Experts Say the Actual Value of Tesla's Stock Is a Ticking Time Bomb

If a recent rally in the company's share price is any indication, investors are buying Tesla CEO Elon Musk's vision of leaning into autonomous driving and a robotaxi service. The company's shares rose almost four percent on Wednesday, despite the company revealing that it had sold 14 percent fewer cars in Q2 of this year compared to the same period last year, the biggest drop in Tesla's history. Analysts were forecasting an even worse performance, indicating there's still plenty of enthusiasm.

Elon Musk Says He Is So Sorry for His Horrible Behavior

In February, as the disastrous effects of the so-called Department of Government Efficiency's gutting of federal agencies started to emerge, the agency's figurehead Elon Musk took to the stage of the Conservative Political Action Conference and waved a chainsaw in the air. Standing alongside Argentinian president Javier Milei, Musk wielded the shiny metal-plated prop to send a blunt message: the federal government's budget was being slashed beyond recognition. Many months later, the devastatin

Tesla’s Numbers Are In, and They’re Not Good

Tesla’s struggles continue as the company reports another drop in vehicle deliveries, deepening concerns that its image problem, especially in Europe, is weighing heavily on consumer demand. In the second quarter of 2025, the electric vehicle giant delivered 443,956 vehicles, a 13.5 percent decline from the same period in 2024. Deliveries are Tesla’s key sales metric and are closely watched by investors and analysts alike. Nearly all of those deliveries — 97.3 percent — were for the company’s t

Tesla Bros Who Bet on Polymarket That Tesla Would Successfully Launch Full Self-Driving by July Are Now Screwed

Betting on Elon Musk fulfilling one of his promises is one hell of a risky venture. But that's what users did on the crypto-based prediction hub Polymarket anyway — and now they're on the verge of losing millions of dollars after Tesla's Robotaxi service failed to live up to its CEO's sky-high assurances. With over $8,800,000 worth of total bets placed, the prediction, titled "Will Tesla launch a driverless Robotaxi service before July?" is now at a less than one percent chance of success, seei

Elon Musk’s X Is Turning Community Notes Over to AI

Artificial intelligence chatbots are known for regularly offering dubious information and hallucinated details, making them terrible prospects for the role of fact-checker. And yet, Elon Musk’s X (née Twitter) plans to deploy AI agents to help fill in the gaps on the notoriously slow-reacting Community Notes, with the AI-generated notes appearing as soon as this month. What could possibly go wrong? The new model will allow developers to submit AI agents to be reviewed by the company, according

Tesla deliveries fall for second quarter in a row

Tesla deliveries fall for second quarter in a row Musk has since left the role - but has publicly sparred with US President Donald Trump over a massive spending bill pushed by the White House. Tesla faces increasing competition from rivals, including China's BYD. Musk's controversial role as a government efficiency czar in the Trump administration has also been blamed for the plummeting numbers. The just over 384,000 vehicles it delivered between April and June represents the second quarterly

Tesla deliveries drop 14 percent amid Musk backlash

Tesla says it delivered 384,122 electric vehicles in the April-June timeframe, which is a 14 percent drop compared with the same period in 2024. It's also the second quarter in a row that sales have fallen year-over-year (YoY). The company produced 410,244 vehicles in Q2, which is very close to the 410,831 it made during the equivalent period last year. However, the company delivered more vehicles (443,956) than it produced in Q2 2024. That's not the case this time. The number of vehicle delive

Elon Musk Adds ‘Sell Cars in Europe’ to His To-Do List

Elon Musk has always worn a lot of hats. Earlier this year, while he was working at the White House, he literally wore several hats on his head at the same time, in a clownish attempt to make this very point to other Trump officials. Even though the billionaire has since parted ways with the administration and is in the midst of an acrimonious spat with the President, he is still keeping busy. Now, he’s reportedly given himself a new job just as he pledged to launch a new political party, thus k

Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries

Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa's president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Tesla shares have dropped 7% from Friday's closing price of $323.63 to the $300.71 close on Tuesday ahead of the company's second-quarter deliveries report. Wall Street analysts are expecting Tesla to report deliveries of around 387,000 — a 13% de

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke to critics who wished to see alternative technologies used instead. Among those critics are SpaceX CEO Elon Musk and billionaire

Tesla's Stock Has Fallen Dramatically Since Elon Musk Returned to the Business

When multi-hyphenate billionaire Elon Musk returned to Tesla in May, it was met with a surge of enthusiasm from investors who feared he'd given up on the embattled carmaker during his disastrous stint in government. But that optimism has dimmed significantly as Musk has brought his signature aura of chaos and disappointment back to Tesla — and it's clear in the company's stock price, which has actually fallen since his homecoming in late May. At the time, the company's share price was hovering

Trump Was Just Asked If He’ll Deport Elon Musk

War has now been declared between President Donald Trump and Elon Musk. The alliance between the two powerful men has shattered, and their escalating feud has now reached a stunning new level: Trump was asked on Tuesday if he would deport Musk, who was born in South Africa but became a U.S. citizen in 2002. “Are you going to deport Elon Musk?” a reporter asked the president. “I don’t know,” Trump responded, before adding ominously, “We’ll have to take a look.” He then threatened to use a weap

14 Million People Could Die in Next 5 Years Due to USAID Cuts, Study Finds

Elon Musk’s wood-chipping of the United States Agency for International Development (USAID) is poised to leave piles of bodies behind in its wake, a new study suggests. Scientists have calculated that recent funding cuts to USAID could lead to millions of preventable deaths worldwide over the next half-decade. An international group of researchers conducted the study, published Monday in the Lancet. They estimated that USAID funding in developing countries has helped save dozens of millions of

GOP wants EV tax credit gone; it would be a disaster for Tesla

The Republican Party's opposition to tax credits for electric vehicles has stepped up a notch. As its members in the US Senate add their input to the budget bill that came from their colleagues in the House of Representatives, among the changes they want to see is a faster eradication of the IRS clean vehicle tax credit. The tax credit provides up to $7,500 off the price of an EV as long as certain conditions are met, and the language from the House would have given it until the end of the year.

The Download: tripping with AI, and blocking crawler bots

2 Apple is considering using rival AI tech to bolster Siri In a massive U-turn, it’s reported to have held talks with Anthropic and OpenAI. (Bloomberg $) + Apple seems to have accepted that its in-house efforts simply can’t compete. (The Verge) 3 DOGE has access to data that may boost Elon Musk’s businesses His rivals are worried their proprietary information could be exposed. (WP $) + Donald Trump has floated tasking DOGE with reviewing Musk’s subsidies. (FT $) + Relations between Musk an

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday. The funding gives xAI more firepower to build out infrastructure and develop its G

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Tesla's Robotaxi Program Is Failing Because Elon Musk Made a Foolish Decision Years Ago

A shortsighted design decision that Elon Musk made more than a decade ago is once again coming back to haunt Tesla. As The Guardian reports, the company's Robotaxi rollout has been a massive bust — due, in at least in part, to Musk's long-ago bet against the light detection and ranging sensors known as lidar, which are hardware that allow cars to "sense" their surroundings far more sensitively than the visual cameras that Tesla is instead using as the inputs for itse self-driving software. Way

Elon Says He’s Launching ‘the America Party’ to Compete With Democrats and Republicans If Budget Bill Passes

Elon Musk is threatening to launch his own political party called the America Party if President Donald Trump’s so-called “Big Beautiful Bill” passes. And while the billionaire oligarch already suggested the idea almost a month ago after his falling out with Trump, he seems serious this time. “If this insane spending bill passes, the America Party will be formed the next day,” Musk tweeted on Monday. “Our country needs an alternative to the Democrat-Republican uniparty so that the people actual

Elon Musk Is Back at Tesla, but the Magic Might Be Gone

Elon Musk and Tesla. Tesla and Elon Musk. The future of America’s largest electric vehicle manufacturer has always been tied to its charismatic and controversial CEO. Conversely, a significant portion of the self-described Techno King’s immense fortune is built on Tesla. Their destinies are linked. As Musk goes, so goes Tesla. A month after his chaotic exit from the Trump administration, the CEO has returned to the company full time, attempting to stabilize a brand whose reputation has been bad

Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company's initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla's IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a s

‘We are the media now’: why Tesla’s robotaxis were dominated by Elon Musk superfans

Over the years, Tesla has built part of its reputation on hosting big, bold events to generate authentic hype for upcoming releases. The robotaxi launch in Austin, Texas, last week wasn’t one of them. Coverage of the rollout was dominated by a close-knit cohort of Tesla influencers and Elon Musk superfans, many of whom are openly supportive of the CEO’s vision. Journalists and tech bloggers who might have been more critical of the technology were not only excluded but also actively ridiculed an

Trump says he’s found a buyer for TikTok

In Brief A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump declined to share more details about the buyers, saying only that he would reveal their identities in two weeks (apparently his favorite unit of time). Trump has repeatedly

Decoding Tesla’s New “Fully Autonomous” Car Video—and What It Isn’t Telling You

Elon Musk’s Tesla has dropped a 30-minute video designed to electrify fans and stir debate. Posted on June 28, the clip shows what Musk claims is a historic milestone: the first Tesla Model Y to drive itself from factory to customer home, without a person inside, and without remote operation. “The first fully autonomous delivery of a Tesla Model Y from factory to a customer home across town, including highways, was just completed a day ahead of schedule!!” Musk posted on X (formerly Twitter) on