"Musk may slow down the establishment of the 'American Party' plan."

On August 19th local time, The Wall Street Journal reported that Tesla CEO Elon Musk is quietly slowing down his plan to establish a "third party". Musk told his allies that he wants to focus his energy on his own company. Sources said that Musk is also considering using his financial resources to support Vice President Pence if he decides to run for president in 2028. Musk's camp has not yet responded to this report.