Billionaire and Tesla Inc. CEO Elon Musk has sparked rumors of a potential political comeback amid his criticism of U.S. President Donald Trump’s Big, Beautiful Bill.
What Happened
Musk recently posted on social media platform X, stating that if the spending bill passes, he will form the America Party the next day. He believes that America needs alternative political parties to serve as a voice for the people, rather than the current Democrat-Republican uniparty.
If this insane spending bill passes, the America Party will be formed the next day.
Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.
Musk also criticized the “insane spending” of the bill, which would increase the U.S. debt ceiling by $5 trillion. He further slammed the Republicans and Democrats, saying that America has only one party, “the porky pig party.”
It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!
Time for a new political party that actually cares about the people.
Musk’s Criticism of Politicians
Musk also targeted politicians who support the bill, stating that they will lose their primaries next year.
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!
And they will lose their primary next year if it is the last thing I do on this Earth.
Why It Matters
The criticism comes as Senate Republicans propose various spending cuts in the budget, including a $313 billion cut in Medicaid. The spending cuts and the Big, Beautiful Bill have received criticism from experts. The bill would also affect Tesla and the automotive industry’s EV push, as it proposes to axe the $7,500 federal EV credit on all new EVs sold in the U.S.
Impact on the Automotive Industry
The potential removal of the federal EV credit could significantly impact the growth of the electric vehicle market in the United States. As a major player in the industry, Tesla would likely be affected by this decision.
Musk’s comments have sparked a heated debate about the current state of politics and the need for alternative parties. As the situation continues to unfold, it remains to be seen whether Musk will follow through on his promise to form the America Party.