The Musk organization will not rise. Billionaire does not want to make things worse with Vance

Avoid possible conflict

"The Wall Street Journal", citing anonymous sources, reports that Elon Musk is not presently planning to form his own political organization despite earlier announcements. This task was to be an alternate to the US-dominating Democrats and Republicans.

According to whistleblowers, a billionaire is increasingly active in building a relation with Vice president J.D. Vance and fears that setting up a fresh organization could harm these contacts. Musk was besides expected to signal to Vance's surroundings that in the event of a presidential election launch in 2028 he was considering allocating part of his assets to his campaign.

Reuters recalled that in 2024 Elon Musk allocated nearly $300 million to Donald Trump's run and another Republican organization politicians, and in the first period of Trump's presidency had a crucial impact on the operations of his administration. After a later conflict between the 2 billionaires, J.D. Vance appealed for reconciliation and persuaded Musk to reconnect with the Republicans.

Conflict with Trump

In early June there was a sharp conflict between Donald Trump and Elon Musk, who rapidly moved to social media. The ignition point became promoted by the erstwhile president of the bill referred to as the “Great Beautiful Act”. The project, alternatively of reducing expenditure, importantly increased the budget deficit and hit Tesla, including by eliminating the subsidies for electromobility.

When Tesla's value dropped by about $80 billion, Elon Musk fiercely attacked Trump's bill, identifying it as harmful and unacceptable. He accused congressmen of hypocrisy – preaching the request for savings while supporting the evidence increase in public debt – and warned Republicans from the MEGA camp that they would lose the primaries.

It was at that time that he announced the creation of an alternate to organization duo, presenting a programme including deficit reduction, fiscal conservatism, modernization of troops utilizing AI, deregulation and support for pro-family policy.

Difficult Time for Tesla

In July Tesla recorded the largest decrease in quarterly sales in 10 years, which translated into an 18-per cent decrease in the value of the company's shares. Musk then warned that the company was waiting for respective hard quarters due to the completion of government electrical car subsidies. As stressed, investors feared that Musk's possible creation of a fresh political organization and his conflict with Trump could further reduce his commitment to the improvement of Tesla.