Trump slams Musk's third party as 'ridiculous'

President Trump on Sunday slammed billionaire Elon Musk's announcement that he was starting a third party, the latest in a back-and-forth between the two men.

"I think it's ridiculous to start a third party," the president responded when asked about Musk's recent announcement. "We have a tremendous success with the Republican Party. The Democrats have lost their way. But it's always been a two-party system. And I think starting a third party just adds to confusion. It really seems to have been developed for two parties.