Billionaire Elon Musk is floating a new political party dubbed the "America Party" — but the idea could face major hurdles.

Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending ...

Elon Musk, the world's richest person, reignited his criticism Monday of the Trump-backed One Big Beautiful Bill Act.

President Trump again targeted Elon Musk, attacking the amount of government subsidies Musk is receiving after Musk renewed criticism​ of the president's flagship spending bill​.

Tesla second-quarter sales slid more than 13%, but saw stronger-than-expected demand for Models 3 and Y vehicles.

Musk has previously made his opinions about Trump's "big, beautiful bill" clear. In late May, just a few days before he ...

Elon Musk floated creating a new political party, possibly dubbed the "America Party," this week, potentially escalating his feud with President Trump.

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.

Musk, the world's richest person, had spent more than a quarter of a billion dollars to back Mr. Trump and other Republican candidates, CBS News previously reported.

Tesla shares closed down 14% on Thursday following the heated exchange, with Mr. Trump threatening to strip Musk's companies of their government contracts. The stock was up $15.20, or more than 5% ...