Elon Musk formed the America Party after a viral X poll, drawing criticism from Trump who defends the two-party system amid historical challenges faced by third parties in U.S. politics.

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.