Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, announcing on social media that he would form the America Party in response to the president’s sweeping tax cuts law.

Tesla CEO Elon Musk said Monday he does not support merging his electric vehicle (EV) company with his artificial intelligence (AI) firm, xAI, after the idea was floated last week by a prominent analyst.

Musk goes after GOP lawmakers amid Big Beautiful Bill legislation, vowing to end their hopes in the next primary.