Tesla Inc. CEO Donald Trump was CEO Elon Musk at a press conference held at the Oval Office of the White House in Washington, D.C. on Friday, May 30, 2025.
Francis Bell | Bloomberg | Getty Images
When they find themselves without other important people, most men finally start to live: they pay attention to their personal beauty, go to the gym and discover new hobbies.
What does the richest people in the world do? He started a political party.
Last weekend, when the United States celebrated its independence from Britain in 1776, Elon Musk listed his sovereignty from U.S. President Donald Trump by establishing a creative “American Party.”
Few details were revealed, but Musk said The party will focus on “only 2 or 3 Senate seats and 8 to 10 House districts” and will hold legislative discussions”both sides” – refers to the American Democratic and Republican Party.
It may be much easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle of today’s U.S. government.
To be fair, some people seem to be behind this move. Musk decides to hold a party polling On X, 65.4% of respondents voted in favor.
It’s a direct democracy and a strong post-separation motivation in action, folks.
– Erin Doherty of CNBC contributed to this report.
What you need to know today
Trump confirmed that tariffs will work on August 1. That Delayed deadline By one month, the tariffs can “Boomerang” returns to April levels For countries without transactions. Trump said Friday “Accept or leave” We will go out to 12 countries on Monday.
US stock futures slip Sunday. Although the White House delayed the return on the “countdown” tariffs, some investors may be Worried about trade negotiations that will lead to more than expected responsibilities. European Stoxx 600 Index Friday fell 0.48%.
OPEC+ members increase oil production. Eight members of the league agreed to hike on Saturday Collective crude oil production 548,000 barrels per day100,000 more than expected.
Elon Musk formed a new political party. On Saturday, the richest man in the world explain He has Formed a new American party called the “American Party” He claims that this will allow Americans to “support your freedom.”
(Pro) Wall Street’s continued caution with European stocks. The STOXX 600 index has risen 6.6% so far when investors seek asylum in the United States. However, analysts believe The basis of this growth may be shake.
at last…
During the 1992 Belgian Grand Prix, Ayrton Senna drove the Marlboro McLaren during the Belgian Grand Prix.
Pascal Rondo | Hulton Archive | Getty Images
The CEO’s mindset is shifting. No longer winning
CEOs today are not just turning to companies – they are fostering minefields. From geopolitical shocks and economic fluctuations to rapid changes in technology and consumer behavior, the leadership script is being re-written in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlines a leadership approach centered on urgency, motivation and learning from failure.
– Spriha Srivastava
