On July 5, Elon Musk officially announced on social media platform X:“Today, the founding of the ‘America Party’ gives you back your freedom.”When asked how he views billionaire Elon Musk launching a new political party, U.S. President Donald Trump responded that Musk “can have some fun with it,” but called the move “ridiculous.”Trump vs. Musk: A Final Fallout? What’s the Goal of the America Party?During the 2024 presidential election, Musk donated nearly $300 million to support Trump’s campaign. After Trump won, Musk was appointed as the head of the newly formedDOGE and actively participated in efforts to cut federal spending and other political activities. At one point, he was even dubbed the “Shadow President” by foreign media. Musk was a near-constant presence in the Oval Office back t
Tesla Q2 Countdown: Can the Model Y L Be the Earnings Savior?
Tesla (TSLA) will release its Q2 earnings on July 23. While the earnings are expected to be soft, considering the double-digit fall in deliveries in the second quarter, all eyes will be on CEO Elon Musk’s commentary during the earnings call. Tesla officially announced that the Model Y L will be launched this fall. This model is a large six-seater luxury all-electric SUV. With earnings looming and potential comment from Musk, Will Tesla break or consolidate? What's your PT?
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