Elon Musk's launch of the 'America Party' came amid his feud with United States President Donald Trump, rising investor unease, and fresh questions over his political ambitions and business priorities.
🛑 In Short
Elon Musk launches 'America Party', aims to disrupt US politics
Donald Trump calls Musk's third-party move ridiculous, confusing
US Treasury Secretary urges Musk to focus on his businesses
A day after billionaire Elon Musk announced the launch of a new political outfit called the 'America Party', United States President Donald Trump dismissed the move as 'ridiculous' and warned it would only sow confusion in the country's political system.
"It's ridiculous to start a third party. We have tremendous success with the Republican Party. The Democrats have lost their way, but it's always been a two-party system. Third parties have never worked, so he can have fun with it, but I think it's ridiculous," Trump told reporters.
