One political expert doubts that Elon Musk’s America Party’s primary message of fiscal discipline will really motivate voters, adding that voters care about the cost of living but don’t seem

July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.

I saw a lot of chortling after Elon Musk’s announcement last week that he intends to start a third party, the America Party. Chortle away if you like. But this effort, at least according to what Musk said his goals are,

The parallels to Elon Musk and his America Party are obvious, but Musk may be lucky to get as far as Perot did. The Texas businessman won roughly 19 percent of the popular vote when he ran for president in 1992 — the most successful bid by any independent candidate in modern history — and took in nearly 8.