Elon Musk is going to form a new party know as America Party. It aroused 2 questions: Would it affect the price of Tesla? Would it really can affect the politics of US?
The price of TSLA has dropped on Monday, some people said it will rise soon, but some said will continue to drop. Earlier this year when he was engaged in the DOGE of White House, TSLA did dropped a lot, because people thought his attention were shifted from TSLA to White House. But after 100 days he has to leave that temporary job and TSLA rose again. The writer already said several times, if investors have heart disease or potential heart disease, never touch TSLA for the ups and downs are too large that not every heart can bear.
Elon Musk is not born in US so he can never run for presidency of US. But can his party affect the policy of White House? Sometimes really can, but not always. Just see the One Big Beautiful Bill Act (OBBBA), in the House, it passed just by 218-214 votes, that is if he can get 3 seats or ask 3 people to change their mind, the result will be turned down. In the Senate vote, originally it came to a deadlock of 50 to 50, but the chair which is vice president has the right to cast the decisive final vote, thus passed. So if he can win just one seat in senate or ask one people to change his mind, the result will be different.
Such tight vote condition would not happen always, such as sanction to China and Russia, they are passed by majority votes but sometimes the third party will be quite useful. One of the case is that the OBBBA is not so beneficial to TSLA, if Elon Musk has 1 vote in Senate or 3 votes in House, the result will be different. So do not look down upon him.