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Elon Musk wants to launch a new political party. Here’s why some people think it won’t work.

DeFi Daily News by DeFi Daily News
July 13, 2025
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Elon Musk wants to launch a new political party. Here’s why some people think it won’t work.
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Tesla (TSLA) CEO Elon Musk said over the weekend that he intends to form a new political party — the America Party — after he blasted President Trump’s recently signed tax bill.
Yahoo Finance Senior Columnist Rick Newman joins Asking for a Trend to explain why Musk’s effort likely won’t get far, though he could still be influential in the next election.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. https://finance.yahoo.com/videos/series/asking-for-a-trend/
#youtube #stocks ##politics #elonmusk

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– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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Tags: BondsbusinessCurrenciesElonEquitiesFXHeresInvestingInvestmentlaunchMarketMarketsMoneyMuskNewsNYSEPartyPeoplePersonal FinancePoliticalPoliticsSavingsStock marketstocksWontWorkYahoo FinanceYahoo FInance Premium
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