Tesla shares are sinking roughly 7% in premarket trading after CEO Elon Musk announced he would form a new political party in an escalation of his feud with President Donald Trump.

The Japanese automaker's upcoming large SUV has fallen victim to a plan to slash $20 billion from its EV development budget ...

Photo: Alamy President Donald Trump on Sunday criticized Elon Musk’s newly announced political party, calling it “ridiculous” ...

The 1% remittance tax will not apply to remittance transfers made via bank accounts or money transfers using US-issued debit ...

Farmers celebrate how the One Big Beautiful Bill Act hauls the "death tax" -- the taxes imposed by governments on someone's ...

Photo: Alamy President Donald Trump brought high spirits and triumphant energy Thursday evening to the Iowa State Fairgrounds ...

FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the 'One Big Beautiful Bill ...

With the so-called "Big Beautiful Bill" finally ready to be signed into law after a final House of Representatives vote, ...

Florida Congresswoman Sheila Cherfilus-McCormick (D) appeared in an MSNBC interview to discuss the long-term effects and potential future of President Donald Tr ...

Elon Musk said he has started another political party. The Tesla CEO announced on X on Jul. 5 that he has formed the America ...

Billionaire Elon Musk is floating a new political party dubbed the "America Party" — but the idea could face major hurdles.

"The America Party is formed to give you back your freedom," Musk said, days after Trump debated deporting him.