WATCH: Treasury Secretary Scott Bessent Delivers a Brutal Reality Check to Elon Musk as Tesla CEO Looks to Sabotage GOP with Formation of New Political Party

Credit: CNN Screenshot

Treasury Secretary Scott Bessent delivered some bad news to Elon Musk after the world’s richest man announced the formation of a new political party yesterday.

As The Gateway Pundit’s Cassandra MacDonald reported, a bitter Musk spent his Independence Day doubling down on his threat to form a new political party, dubbed the “America Party.” In an X post, he claimed he wants to disrupt the two-party system by creating a party for the “80% in the middle” who feel abandoned by Democrats and Republicans.