Still a political amateur. Photo: Chip Somodevilla/Getty Images The feud between Donald Trump and his onetime deep pocket and henchman Elon Musk keeps bubbling up in unpredictable ways. But one fracture point that is potentially bigger than an exchange of insults and conspiracy theories is the Tech Bro’s musings about creating a third national political…
Shares in oil major Shell (SHEL.L) fell 3.2% on Monday, after the company warned that it expected to report lower trading and production results for its gas division in the second quarter. Shell lowered the top end of its production guidance for the integrated natural gas division to 900,000 to 940,000 barrels of oil equivalent…
Tesla shares saw a steep decline among S&P 500 stocks on Monday, after tensions between CEO Elon Musk and US President Donald Trump flared up again over the weekend. Once a key Trump ally and major donor, Musk announced plans to launch a third political party in response to the Republican-backed spending bill passed last…
Elon Musk and Donald Trump (R) US President Donald Trump on Sunday dismissed Elon Musk’s newly launched political party, the “America Party,” calling the idea “ridiculous” and reiterating his faith in the traditional two-party system.Responding to questions about Musk’s announcement, Trump said, “I think it’s ridiculous. We have a tremendous success with Republican party. The…
US Treasury Secretary Scott Bessent on Sunday threw some shade at Elon Musk after the tech billionaire announced he had created a political party, suggesting the Tesla and SpaceX boss focus on business and not politics. On Saturday, the South African-born Musk – an ally-turned-critic of US President Donald Trump – said he was founding…
The Supreme Court has written to the Centre seeking the removal of former Chief Justice DY Chandrachud from his official residence in New Delhi, saying his occupation of the bungalow goes “beyond the permitted period”.UK technicians arrived in India to repair the British F-35 fighter jet, which is currently parked at Kannur airport amid high…
Tesla chief executive Elon Musk, the former “first buddy” who was U.S. president Donald Trump’s right-hand man until recently, has announced he’s starting his own political party called the “America Party” (while dropping hints he’s still backing bitcoin). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain…
Elon Musk, the world’s richest man and until recently a close adviser to US President Donald Trump, has announced the formation of a new political party called the America Party. The move follows a dramatic split between the two over Trump’s controversial tax-and-spending bill, which Musk says will bankrupt the country.The Tesla and SpaceX CEO…
Here’s the thing. Elon Musk didn’t just announce the America Party out of the blue. He tested the waters first. On 4 July, he posted a poll on X: “Do you want independence from the two-party (some would say uniparty) system?” Over 1.2 million people answered. By a 2-to-1 margin, they said yes. So Musk…
By David Brunnstrom and Bhargav Acharya WASHINGTON (Reuters) -The tattered bromance between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump’s “big, beautiful” tax bill would bankrupt America. A day after…