‘Elon Musk should stay out of politics…’: US Treasury chief warns after ‘America Party’ announcement

Elaan Musk has formed the ‘America Party’, disagreeing with Donald Trump’s tax bill. This follows Musk’s earlier support for Trump, including a role in the Department of Government Efficiency. The tax bill, opposed by Musk due to its impact on green energy, has strained their relationship. Trump criticised Musk’s move, while financial markets reacted negatively, impacting Tesla’s stock.