logo
Bannon tears into Musk over renewed calls for third party

Bannon tears into Musk over renewed calls for third party

Yahoo2 days ago
President Trump's former chief strategist Steve Bannon ripped into tech billionaire Elon Musk once again over the entrepreneur's calls for the creation of a third political party.
'The foul, the buffoon. Elmo the Mook, formerly known as Elon Musk, Elmo the Mook. He's today, in another smear, and this — only a foreigner could do this — think about it, he's got up on, he's got up on Twitter right now, a poll about starting an America Party, a non-American starting an America Party,' Bannon said Friday on his 'War Room' podcast.
'No, brother, you're not an American. You're a South African and if we take enough time and prove the facts of that, you should be deported because it's a crime of what you did — among many,' Bannon, who has been feuding with Musk for some time, added.
Musk re-upped his party proposal on Friday, hours before President Trump signed the 'big, beautiful' bill into law, by asking his followers on the social media platform X, which he owns, if he should move forward with forming the 'America Party.'
'Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system,' Musk wrote. 'Should we create the America Party?'
Musk, who heads six companies, first floated the idea of an alternative political party as his feud with Trump spilled into the public in June.
Bannon and Musk's beef has been developing for a while. Bannon has called for Musk to be deported and warned the GOP that the billionaire could backstab the 'Make America Great Again' movement.
Musk has thrown jabs at Bannon, arguing Trump's former top political strategist should be thrown into prison.
'The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for,' Musk wrote Friday on X.
Bannon served four months in prison after refusing to comply with a congressional subpoena regarding the Jan. 6, 2021 attack on the Capitol. He was released in late October last year.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

U.S. to send more weapons to Ukraine after Trump's remarks
U.S. to send more weapons to Ukraine after Trump's remarks

UPI

time29 minutes ago

  • UPI

U.S. to send more weapons to Ukraine after Trump's remarks

U.S. President Donald Trump (L) and Pete Hegseth, U.S. secretary of defense, seen during a dinner with Israeli Prime Minister Benjamin Netanyahu, not pictured, in the Blue Room of the White House in Washington, D.C., on Monday, July 7, 2025. During the meeting, Trump said they have to send Ukraine weapons to defend itself against Russia. After the dinner, the Pentagon announced additional U.S. weapons would be sent to Ukraine. Photo by Al Drago/UPI | License Photo July 7 (UPI) -- The United States will send additional weaponry to Ukraine, the Pentagon announced late Monday, hours after President Donald Trump said they "have to" provide Ukraine with more defensive capabilities. Though the specifics of the package were not revealed, the move by the Department of Defense and Trump's comments appear to be an abrupt about-face by the administration, which had announced on Wednesday that it was pausing delivery of some weapons, including air defense systems, to its war-torn ally. "We're going to send more weapons. We have to," Trump told reporters during a dinner at the White House with Israeli Prime Minister Benjamin Netanyahu. "They have to be able to defend themselves. They're getting hit very hard now. They're getting hit very hard. We're going to have to send more weapons, your defensive weapons, primarily, but they're getting hit very, very hard. So many people are dying in that mess. Trump, who campaigned heavily on being able to end the Ukraine-Russia war within 24 hours of returning to the White House, has been seeking to secure a cease-fire deal, while his pause of weapons deliveries to Ukraine occurred as the Kremlin was hammering its neighbor with air barrages. The future of U.S. support was uncertain under the Trump administration, as Trump has been critical of sending weaponry to the country and is known for praising Putin. On returning to office on Jan. 20, the administration proclaimed that an end to the war would not see Ukraine return to its old borders, an announcement that was criticized as a capitulation to Russia. Last week when asked about the decision to halt some weaponry to Ukraine, Trump responded by blaming his predecessor, former President Joe Biden, for having "emptied out our whole country" of weapons. "We have to have enough for ourselves," he said. Trump spoke with Russian leader Vladimir Putin over the phone on Thursday, after which the American president remarked he "didn't make any progress" toward securing a potential cease-fire. The next day, Russia bombarded Ukraine with a record number of airstrikes. The statement late Monday from the Pentagon said that at Trump's direction, the Department of Defense is sending "additional defensive weapons to Ukraine so it can defend itself "while we work to secure a lasting peace and ensure the killing stops." "Our framework for POTUS to evaluate military shipments across the globe remains in effect and is integral to our America First defense priorities," it said.

Tesla investors aren't excited about Elon Musk's new political party
Tesla investors aren't excited about Elon Musk's new political party

Yahoo

time32 minutes ago

  • Yahoo

Tesla investors aren't excited about Elon Musk's new political party

(NewsNation) — Elon Musk says he's starting a new political party, but Tesla investors aren't thrilled. Shares of Tesla plunged nearly 7% Monday, as markets reacted to Musk's plans for the 'America Party,' a third political faction aimed at rivaling Democrats and Republicans, and in response to President Trump's renewed calls for tariffs. Prominent Wall Street tech analyst Dan Ives said the billionaire entrepreneur's latest political foray is 'exactly the opposite direction that most Tesla investors want him to take' and is 'causing exhaustion.' Amazon Prime Day Deals — Early Prime Day deals are live and impressive — Track all the top markdowns on Apple products — Get a jump on back-to-school shopping with discounts BestReviews is reader-supported and may earn an affiliate commission. 'I think the board is going to have to get involved,' Ives, managing director at Wedbush Securities, told Bloomberg TV on Monday, adding that Musk is starting to cross 'a line in the sand.' A reignited Trump-Musk feud burns Tesla investors, shares of EV company tumble 8% James Fishback, CEO of investment firm Azoria, said Saturday that the firm would be postponing the launch of its Tesla-focused ETF due to Musk's political party announcement. 'We deserve a full-time CEO, not someone fixated on sabotaging President Trump,' Fishback, known for proposing 'DOGE dividend checks,' wrote on X. President Donald Trump was also quick to voice his disapproval on Truth Social, saying the Tesla CEO had gone 'completely off the rails' and argued that third parties 'have never succeeded in the United States.' Musk, once a top donor and ally of Trump, had a falling out with the president over the Republicans' 'Big, Beautiful' budget bill. The Budget Lab at Yale University estimates it could add $3 trillion to the nation's debt over the next decade. 'When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,' Musk wrote on X, declaring the formation of the 'America Party.' The question on Tesla investors' minds: Where will he find the time? Musk's alliance with Trump was good for Tesla's stock — until it wasn't. Shares of Tesla nearly doubled after Election Day, but as Musk's role in the administration grew, so did investors' concerns about his focus, or lack thereof, on the EV giant. The Tesla CEO allayed some of those fears in May when he left Washington and vowed to spend '24/7' at work, even if it meant 'sleeping in conference/server/factory rooms.' But that renewed focus didn't last long, and the latest political distraction threatens to create new enemies on both sides of the aisle. Trump-Musk feud continues, now involving Tesla Trump bought 'I think in the view of investors, there's really no upside,' Ives said Monday, warning that Trump could become a blockade to Tesla's autonomous vehicle ambitions. Ross Gerber, a longtime Tesla investor and vocal Musk critic, didn't hold back online, writing, 'no one wants the Elon first party,' accusing the company's board of being 'Elon vampires sucking the blood of Tesla equity.' 'Waymo has solved autonomous driving. Meanwhile Elon is starting a new political party,' Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, wrote on X over the weekend. Musk's new political adventure comes at an especially challenging time for the EV maker. Last week, Tesla reported a 13% drop in global car sales from a year earlier. Part of that decline has been attributed to Musk's political forays, which have sparked protests and alienated many consumers in Tesla's core market. A recent AP-NORC poll found that about half of U.S. adults have an unfavorable opinion of Tesla. Even more, closer to 60% have an unfavorable view of Musk. Tesla recently launched its robotaxi service in Austin, and while it's been generally well-received by passengers, it's also drawn the attention of federal traffic safety regulators after videos surfaced appearing to show driving errors. Then there's the problem of China — a vital country where Tesla's market share has shrunk thanks to stiff competition from low-cost local rivals. The Wall Street Journal put it bluntly Sunday: 'Elon Musk Is Running Out of Road in China.' But whatever the headwinds, investors want their mercurial CEO at the helm. Instead, Musk will be splitting his attention across a range of ventures, including Tesla, SpaceX, the social media platform X, and now, apparently, a political party. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Gov. Ron DeSantis warns Elon Musk about running ‘America Party' candidates against GOP: ‘Democrats would win'
Gov. Ron DeSantis warns Elon Musk about running ‘America Party' candidates against GOP: ‘Democrats would win'

New York Post

timean hour ago

  • New York Post

Gov. Ron DeSantis warns Elon Musk about running ‘America Party' candidates against GOP: ‘Democrats would win'

Republican Florida Gov. Ron DeSantis argued Monday that billionaire Elon Musk could set the nation on a new course — but not by starting a new political party. 'I think Washington needs to be overhauled 100%, but I just don't think a third party is going to do it,' DeSantis said at a press conference in Jacksonville, referring to Musk's intention to launch the cost-cutting focused 'America Party.' The Sunshine State governor and former GOP presidential primary candidate warned that if Musk-backed candidates vie against Republicans in competitive state races, Democrats will be the ones winning elections. 'The problem is, when you do another party, especially if you're running on some of the issues that he talks about, you know, that would end up, if he funds Senate candidates and House candidates in competitive races, that would likely end up meaning the Democrats would win all the competitive Senate and House races,' DeSantis, 46, said. 'I'm a Republican … I don't want to see that happen,' he added. 3 Gov. DeSantis suggested that Musk should focus his political efforts on getting a balanced budget amendment added to the Constitution. Getty Images DeSantis weighed in on Musk's effort to launch an alternative to the two-party system at the end of a nearly hour-long press conference on education. The governor's remarks were not prompted by reporters. DeSantis praised the Tesla, SpaceX, Starlink and X chief as 'one of the most innovative entrepreneurs … probably in world history' and said he appreciated Musk's efforts to help President Trump and Republicans ahead of the 2024 election and rein in government waste, fraud and abuse as head of the Department of Government Efficiency. 'I think he's got a lot more left in the tank,' he said, suggesting that Musk should support efforts to add balanced budget and term limit amendments to the Constitution, rather than start a new party. 3 Musk has Trump's agenda bill for the amount of money it adds to the deficit. REUTERS 3 Musk announced the name of his new political party on Saturday. REUTERS 'Honestly, if you're concerned about the debt … I don't think just electing a few better people is going to change the trajectory,' DeSantis argued. 'We need the incentives in Washington that are going to lead to these outcomes really regardless of the outcome of elections at this point.' The governor noted that dozens of states, under Article V of the Constitution, have formally petitioned Congress to draft a balanced budget amendment, and argued that if Musk were to support those efforts, he would have a 'monumental impact.' 'I'm a believer in trying to work this stuff out through the Republican process … but I think even more than that, doing these amendments — which are within our grasp — it doesn't require Congress,' DeSantis said. 'You can do it through Article V and do it through the states … that would have a huge impact on the trajectory of the country.' Musk announced the formation of the America Party in response to GOP lawmakers passing the One Big Beautiful Bill Act, which Trump signed into law on July 4. The megabill is set to add $3.9 trillion to the nation's debt over the next 10 years, according to the Committee for a Responsible Federal Budget. Musk, 54, has fumed that the legislation makes a 'mockery of the work' done by his DOGE team to rein in the deficit.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store