Elon Musk has officially announced the creation of a new political party—“The America Party”—but Wall Street isn’t celebrating. In this short, Pat breaks down the series of events leading up to this moment: from Musk’s viral Twitter poll and public outrage over the “Big Beautiful Bill,” to Tesla’s $80 billion market valuation drop in just one day. Will history repeat itself like Ross Perot and Andrew Yang? Or is Musk about to shake up American politics like never before?
