🧨 Elon wants to establish a new party "America Party" today. 📌 Elon announced he will establish a new party "America Party" today, targeting the "80% in the middle of the political flow," after the debate over OBBB seemed to have cooled down. 📌 Trump threatens to expel Elon and cut all contracts/favorable policies from the government, threatening to use DOGE to deal with Elon and Tesla through a full audit of all federal contracts with Tesla. 📌 This verbal war creates a chain reaction: - Tesla dropped ~5% on the market, signaling that the market is indeed affected and not just a war of words. - Elon retorted that he had once put in effort for DOGE, now being used by Trump to threaten him. - It seems the previous relationship has reached a point of no return. Elon's opposition to Trump's recent decisions is not surprising, opposing OBBB and the draft to cut subsidies for clean energy is hitting Tesla hard. It seems Trump also wants to wash his hands of someone who was once his right-hand man.

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