A mega investor and ally of President Donald Trump has launched a super PAC to challenge Elon Musk’s political ambitions.James Fishback, a former Department of Government Efficiency adviser, launched the FSD PAC Tuesday to counter Musk’s “antics.

Elon Musk’s creation of the ‘America Party’ is sparking concern among Tesla investors, who worry his political ambitions could distract from his CEO duties and affect business performance.

Tesla CEO Elon Musk's plan to launch a new political party has rekindled concerns about his political activism, distracting him from his duties as the leader of Tesla. The CEO's latest foray into politics has prompted an analyst with a bullish view of Tesla to call for the board to step in to keep things on the rails.

The brief détente between Elon Musk and President Donald Trump took its last breath over the weekend, as the billionaire and once top Republican donor announced he would form a new political party.

Elon Musk’s push to create a third political party is putting his business empire at risk once again, raising questions about how his political ambitions align with the interests of his companies. After the tech billionaire launched his new America Party over the weekend,