Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, announcing the America Party in response to the president’s sweeping tax cuts ...

The market value of Tesla crashed by US$15 billion after its CEO said he would form the America Party as investors pre-empt damage to the US EV brand.

President Donald Trump met with Benjamin Netanyahu for dinner at the White House on Monday evening.The dinner comes as Israel and Hamas hold indirect talks for a potential ceasefire and hostage deal.

The stock's sharp decline also reduced $15.3 billion off Musk's net worth, according to the Bloomberg Billionaires Index.

With bare majorities in Congress, analysts warn the 'America Party' could disrupt Republican chances in the 2026 midterms.

The world's richest man's latest political activities prompted a brutal sell-off of Tesla stock as investors question his ...

Elon Musk, the billionaire chief executive of Tesla Inc (NASDAQ: TSLA) has officially launched a new political movement – the ...