Group 1 - Elon Musk announced the formation of a new political party, the "American Party," aimed at representing 80% of middle voters in the U.S. and targeting the upcoming congressional midterm elections [1] - James Fishback, a venture capitalist and ally of Trump, has established a "super political action committee" to counter Musk's political influence, indicating the strong fundraising capabilities of traditional parties [1] - Fishback's investment firm, Azoria Partners, has delayed the launch of a Tesla-linked ETF in response to Musk's political ambitions, suggesting concerns over Musk's focus on Tesla [1][2] Group 2 - There are signs of investor dissatisfaction following Musk's announcement, highlighting the complexities involved in establishing a new political party in the U.S. [3] - Historical context shows that third-party candidates have struggled to gain traction in national elections, with the last instance of a third-party candidate receiving electoral votes occurring in 1968 [3] - Concerns have been raised about Musk's ability to sustain the new party, with speculation that his motivations may stem from conflicts with Trump [3]