Musk announces the establishment of the "American Party", Trump: considering deporting him back to South Africa

Since the content of the tax reduction bill "Big and Beautiful" endorsed by Trump was announced, former ally Musk has broken ties with him. Musk not only criticized the bill as "disgusting," but also stated that it would destroy future industry development and millions of job opportunities. Trump, in an interview this morning on July 2, said that Musk is unhappy because of the "cancellation of electric vehicle subsidies" and is considering sending him back to South Africa. In response, Musk said, "Dare to pass the bill and create the American Party."

Trump considers deporting Musk.

According to reports, Trump stated during an interview at the White House that Musk opposes the "Big and Beautiful" because it aims to stop subsidies related to electric vehicles. Trump even mentioned that he would consider whether to deport Musk.

Musk warns: If the bill passes, he will create a new party.

The "Big and Beautiful" tax reduction bill has passed in the Senate with a vote of 51:50 and is about to move to the House of Representatives. Musk subsequently posted on X:

"If this crazy bill successfully passes, the next day I will establish the 'American Party', our country needs a new choice that allows the people to have a voice!"

(Musk harshly criticizes Trump's "Great and Beautiful" tax bill as disgusting, with ongoing opposition voices within the Republican Party)

It is difficult to establish a third force successfully in the United States.

Will Musk's founding of the American Party be successful? Historically, the two-party system in the United States is deeply entrenched, making it very difficult to break through.

The largest third party in the United States currently is the "Libertarian Party" established in 1971, which advocates for free markets, small government, and individual liberties. The party's best performance in the 2016 presidential election only garnered a national vote share of 3.27%, which is still a long way from winning the presidency, governorship, or even state legislature.

Another long-established third party, the "Green Party" ( Green Party ), has long participated in state and federal elections, but has yet to secure any seats in Congress or state government.

Kalshi predicts a 40% chance of founding, Tesla's stock price plummets.

Regarding whether Musk will actually establish the Innovation Party, the founding probability on the prediction market platform Kalshi started at 6/7 when the Musk-Trump beef began, reaching a peak of 74%, but by the time of publication, it had dropped to only 40%.

Tesla ('s stock price has also fallen nearly 6% in after-hours trading today due to the influence of new remarks from Trump and Musk.

) "Big and Beautiful" Senate passes! Electric vehicle subsidies called off in advance, Musk: Destroys the green energy industry (

This article discusses Musk's announcement of the establishment of the "American Party", and Trump: considering sending him back to South Africa. It first appeared in Chain News ABMedia.