Musk has not released an official party platform and has reported a false filing of the proposed political party to the Federal Election Commission. Here's what you need to know about the America Party and what this means for Musk's electric car company: Tesla.

Ross Perot — a billionaire frustrated with America’s ballooning budget deficits and fed up with its two-party system — ran for president as an independent. He won 19% of the vote against the Republican incumbent (George H.

Tesla shares fell sharply in early trading Monday after CEO Elon Musk said he will launch a new political party — renewing investor concerns after the mogul’s dustup with President Donald Trump. Over the weekend,