United States President Donald Trump has shrugged off Elon Musk’s plans for a new political party as “ridiculous,” but the announcement underscored the threat the disaffected former ally poses to US ...

Tesla shares declined following Elon Musk's announcement of a new political party. The drop marked the largest single-day ...

Elon Musk is right to be concerned about the national debt. However, his plan for a new third party is doomed to failure, ...

In 1968, George Wallace of the American Independent Party won five seats and a 13 per cent vote share - with strong support in the south of the country. Further efforts to get off the ground have ...