Musk is quietly pumping the brakes on plans to start a third political party, WSJ reports
ReutersAug 20, 2025 1:30 AM
Aug 19 (Reuters) - Tesla TSLA.O CEO Elon Musk is quietly pumping the brakes on plans to start a third political party and told allies he wants to focus on his companies and is reluctant to alienate powerful Republicans, The Wall Street Journal reported on Tuesday.
Musk is also considering using some of his vast financial resources to back U.S. Vice President JD Vance if he decides to run for president in 2028, the newspaper reported, citing people familiar with the matter.
Reuters could not immediately verify the report.
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