Monthly Archives

July 2025

Tesla Stock Drops as Trump Criticizes Musk’s Political Party Plan

TL/DR - Elon Musk has indicated the formation of a new political party which is purported to be pro-gun and pro-bitcoin. Following this announcement and criticism from Donald Trump, Tesla's stock experienced a significant drop. It is yet unclear how the formation of Musk's political party would become a reality. Tesla stock plummets following…

Musk Launches Political Party Following Trump Tax Cut Disagreement

TL/DR - Elon Musk has announced that he is forming a new political party following a fallout with President Trump. The move comes after a disagreement over Trump's signature tax cuts law which Musk opposed. The name of the new party is reportedly the 'America Party' and there is already interest from figures such as Mark Cuban and Anthony…