Politics – Elon Musk Tesla’s CEO threatens third-party shakeup as political spending and personal ambitions grow

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Elon Musk’s Political Gambit: Political and Business Visionary or Blowhard Megaphone?

THUNDER BAY – INTERNATIONAL POLITICS – UNITED STATES: Elon Musk, CEO of Tesla and SpaceX, has taken a dramatic turn away from boardrooms and product launches, diving headlong into American politics. Amid declining Tesla sales and plummeting investor confidence, Musk is now teasing the formation of a third political party — a move stirring controversy from Capitol Hill to Silicon Valley.

Musk seems to see himself as a visionary innovator who will somehow save the world from itself. His move into politics has been seen by many as more like a child in the candy shop than the moves of a savvy smart business and political operative.

And, rather than stabilizing Tesla’s public image, which has suffered from Musk’s increasingly partisan presence online, the billionaire seems determined to double down.

Having already spent an estimated $288 million to support Donald Trump-aligned candidates in 2024, Musk is now warning politicians who don’t align with his cost-cutting ideals: support Trump’s massive tax and immigration reform package or risk political extinction.

“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!” Musk posted on X, formerly Twitter.

A Musk Political Party? Skepticism Abounds

Musk’s latest threat — the launch of a third political party — has been met with widespread skepticism. Historical precedent is not in his favour.

From Ross Perot to Howard Schultz, business leaders have tried and failed to break the two-party stranglehold on American politics. Yet Musk’s resources and platform give his effort more visibility, if not more viability.

His political foray, however, is coinciding with real trouble in his business empire. Tesla’s brand has been damaged by Musk’s combative style and political commentary. His unsuccessful attempts to influence key judicial and legislative races have burned capital — both political and financial.

Even among Musk’s followers, concern is growing that he’s straying too far from the innovation-focused roots that built his $400 billion net worth.

A Fractured GOP, a Divisive Figure

Musk has zeroed in on Kentucky Congressman Thomas Massie as a political ally, promising campaign donations in opposition to Trump-backed challengers. Ironically, this pits Musk and Trump — once unlikely allies — on opposing sides in at least one high-profile Republican race.

With some Republicans opting not to seek reelection after crossing Trump, such as Sen. Thom Tillis and Rep. Don Bacon, Massie remains a rare vocal critic. Whether Musk’s influence will help or hinder Massie’s chances remains to be seen.

Meanwhile, political insiders on Capitol Hill appear unshaken. Sen. Markwayne Mullin (R-Oklahoma) dismissed Musk’s political threats, saying, “It’s not even been a conversation of ours.”

From Disruptor to Divider

Once seen as a forward-thinking entrepreneur straddling tech and futurism, Musk’s rapid pivot from Democratic donor to MAGA ally has confused many. His critics argue that his political ambitions, particularly the third-party talk, seem more like a personal vendetta against the establishment than a well-defined vision for America.

For Thunder Bay readers and Canadians observing from across the border, Musk’s transformation is more than U.S. political theater. His stance on automation, EV policy, and border issues could influence policy in both countries, particularly given Tesla’s stake in North American manufacturing and Musk’s polarizing impact on public discourse.

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James Murray
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