Tesla shares are sinking roughly 7% in premarket trading after CEO Elon Musk announced he would form a new political party in an escalation of his feud with President Donald Trump.

The Japanese automaker's upcoming large SUV has fallen victim to a plan to slash $20 billion from its EV development budget ...

Photo: Alamy President Donald Trump on Sunday criticized Elon Musk’s newly announced political party, calling it “ridiculous” ...

The 1% remittance tax will not apply to remittance transfers made via bank accounts or money transfers using US-issued debit ...

Farmers celebrate how the One Big Beautiful Bill Act hauls the "death tax" -- the taxes imposed by governments on someone's ...

Photo: Alamy President Donald Trump brought high spirits and triumphant energy Thursday evening to the Iowa State Fairgrounds ...

FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the 'One Big Beautiful Bill ...

With the so-called "Big Beautiful Bill" finally ready to be signed into law after a final House of Representatives vote, ...

Florida Congresswoman Sheila Cherfilus-McCormick (D) appeared in an MSNBC interview to discuss the long-term effects and potential future of President Donald Tr ...

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

But after Musk announced over the weekend the formation of his planned third political party, the “America Party,” Trump ...

US President Donald Trump has hit out at Elon Musk over his plan to create a political party that would target key seats in ...