MAGA supporters could be "drawn to Musk's views about government spending, technology and trade," a political scientist told Newsweek.

Elon Musk has said that he's formed a new political party, but it's unclear what steps — if any — he's taken to do so, or how the effort might affect upcoming elections. Musk has not yet released any additional information.

Tesla investor Gali Russel breaks down the recent political beef between Elon Musk and Donald Trump, highlighting that Tesla investors are aware of the CEO's volatile behavior and will continue to support the company and its strong product roadmap going forward.