Tesla(US:TSLA) Zheng Quan Shi Bao·2025-08-20 09:30Core Viewpoint - Elon Musk is reportedly slowing down the establishment of the "American Party" to focus on his companies, with potential financial support for Vice President Vance if he runs for president in 2028 [1][2]. Group 1 - Musk stepped down as head of the "Government Efficiency Department" in late May due to a public split with Trump over the "Big and Beautiful" tax and spending bill [2]. - Following Trump's signing of the "Big and Beautiful" bill on July 4, Musk announced the formation of the "American Party" aimed at gaining seats in the upcoming midterm elections [2]. - As of now, Musk has not registered the "American Party," which contrasts with his typically decisive approach [2]. Group 2 - The only formal political entity led by Musk is the "American Political Action Committee," funded by him to support Trump's campaign [2]. - Tesla's Q2 earnings report on July 23 indicated a decline in both revenue and net profit year-over-year [2]. - Trump publicly denied rumors of attempting to undermine Musk's businesses, expressing a desire for Tesla to thrive [2].