Is Elon Trying to Fix America or Just Break Tesla?

Is Elon Trying to Fix America or Just Break Tesla?
CNN Politics/Chip Somodevilla/Getty Images

Wild Monday, huh?

So here’s what just happened while you were probably still nursing your post 4th of July food coma or dodging work emails.

Elon Musk; yes, Space Jesus himself has officially launched a political party. It’s called The America Party (because of course it is), and it’s already sending shockwaves through Wall Street.

Tesla’s stock tanked over 7% today, right on top of last week’s 6% slide. We’re now looking at about $293 a share, down from $313 just days ago. That’s roughly $140 billion in market value, poof, gone like your weekend plans when it starts raining.

Why the panic? Well, investors are kinda freaking out. Musk is supposed to be laser-focused on fixing Tesla’s slowing car sales, AI delays, and growing competition. Instead, he's out here doing his best George Washington impression, forming a third party to compete with both Republicans and Democrats. His goal? To snag a few seats in Congress. Not just troll for fun; he’s serious.

This comes right after Trump signed a new government funding bill that apparently rubbed Musk the wrong way. Elon warned he might start his own party if it passed. And, well, here we are. Trump, never one to take things lightly, immediately clapped back, said Musk has “gone off the rails,” and even threatened to yank federal funding from Tesla and SpaceX.

And here’s where it gets juicy: a lot of Tesla’s big dreams, electric vehicle tax credits, government contracts, and space launches rely on good ol’ Uncle Sam. So if Musk keeps poking the bear, there’s a real risk Tesla could lose that sweet, sweet government support.

The stock price dive isn’t just about politics. Investors are whispering (and some are shouting): Is Elon getting distracted again? With Tesla’s Robotaxi project delayed, Full Self-Driving still in beta-limbo, and the Optimus robot stuck in awkward demo mode this isn’t exactly the best time for your CEO to start running for office.

To be fair, Musk is a tech genius with a superhero complex, so maybe he really believes he can save democracy and fix traffic and get us to Mars at the same time. But if you’re a Tesla shareholder, you’re probably sweating right now. Or at least side-eyeing your portfolio.

There’s also talk that Musk might use his AI tools like Grok and X for political messaging. Think: robo-campaigns, deepfake town halls, automated Twitter rants. AI’s already crept into elections, and Musk’s not shy about using it. He’s even been pushing back on deepfake regulation (because that’s totally what we need more of, right?).

So here’s the million-dollar question (actually, $140 billion):

Is Musk reinventing American politics or just torpedoing Tesla to play kingmaker?

What do you think? Is this 4D chess or a billionaire midlife crisis?

Hit reply and let me know.

Talk soon,


*Disclaimer: The content in this newsletter is for informational purposes only. We do not provide medical, legal, investment, or professional advice. While we do our best to ensure accuracy, some details may evolve over time or be based on third-party sources. Always do your own research and consult professionals before making decisions based on what you read here.