The Wall Street Journal reported on Tuesday that Musk told allies he wants to focus on his companies instead. Musk unveiled the America Party in July following a public dispute with former President Donald Trump regarding tax legislation.
The world’s richest man and his associates have informed Vance’s inner circle about potential financial support. Musk is considering using his resources to back Vance if he runs for president in 2028.
Tesla and the White House did not respond to requests for comment outside business hours. Vance had called for reconciliation following Musk’s public feud with Trump earlier this year. The Vice President reaffirmed his position this month and asked Musk to rejoin Republican party efforts.
Musk warned investors about difficult quarters ahead after Trump administration EV support ended. Investors express concern about Musk’s ability to focus on Tesla amid political ambitions.
The uncertainty continues as Musk balances business priorities with political interests. - Reuters
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