Elon Musk's Political Moves: A Strategic Pivot
Elon Musk, Tesla CEO, reconsiders establishing a political party, focusing instead on his companies and not alienating Republicans. Reports suggest he might support JD Vance's potential 2028 presidential bid. Musk's previous political initiative, America Party, opposed Trump's tax-cut bill advocating for citizen freedom.
Elon Musk, the CEO of Tesla, is reportedly rethinking his plans to establish a third political party. Instead, he intends to concentrate more on his existing companies and is cautious about creating rifts with influential Republicans, according to The Wall Street Journal.
Sources familiar with the situation revealed that Musk is contemplating using his substantial financial resources to support U.S. Vice President JD Vance if he chooses to run for president in 2028. As of now, neither Tesla nor the White House has responded to requests for comment on these speculations.
Musk had launched the 'America Party' in early July, after strongly opposing President Trump's tax-cut legislation. This initiative was portrayed as a means to restore individual freedoms, following high-public demand for a new political entity.
(With inputs from agencies.)
Google News