Elon Musk Ends The Rumors

A new CNN poll reveals that a majority of Americans want a third political party—just not one led by Elon Musk.

According to the survey, 63% of U.S. adults say they would support a new party fielding candidates in presidential and congressional elections to challenge both Democrats and Republicans.

Musk, the world’s richest man, announced on X this month that he would be launching a new political party known as the “America party.”

But according to the CNN survey, most Americans aren’t on board if Musk is going to lead it. “Just 25% of respondents said they would support a party led by Musk, while 74% said they would not,” MassLive reported, citing the results.

The results led CNN’s data analyst, Harry Enten, to declare on X: “Jeez Louise, Musk’s 3rd party looks close to dead on arrival.”

The CNN poll also showed Elon Musk’s favorability has taken a hit, with only 23% of respondents viewing him positively and 60% expressing an unfavorable opinion.

Conducted from July 10 to July 13 with a sample of 1,057 adults, the poll carries a margin of error of ±3.5%, MassLive noted.

WATCH:

Musk launched the America Party just one day after President Donald Trump signed the “One Big Beautiful Bill” into law.

A former Trump ally, Musk had publicly criticized the legislation and vowed to start a new party if it passed—following through with the announcement immediately after the bill was signed.

“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote at the time. “Today, the America Party is formed to give you back your freedom.”

Details about the America Party’s platform remain unclear, and it’s uncertain whether the group will secure enough signatures to qualify for ballot access.

Trump has ridiculed Musk’s third-party effort, calling his former Department of Government Efficiency adviser a “train wreck.”

“He even wants to start a third political party, despite the fact that they have never succeeded in the United States,” Trump said on Truth Social this month. “The system seems not designed for them.”

Meanwhile, Musk’s Tesla Cybertruck is tanking fast, according to new sales figures.

Sales of the electric pickup fell a staggering 51% year-over-year in Q2, down to just 4,300 units, according to Cox Automotive. That’s despite the company claiming it had enough pre-orders to keep production busy for the next 16 years.

In December 2023, Tesla design chief Franz von Holzhausen said the company had taken deposits for more than 2 million Cybertrucks. At the time, Tesla was installing capacity to build up to 125,000 units annually, with plans to double that by mid-2025, Fortune reported.

But reality is now setting in. With just 10,700 trucks sold through the first half of 2025, it’s increasingly unlikely the Cybertruck will even match its modest 2024 total of 39,000 sales.

And Tesla won’t say a word about it. The company, which only releases aggregated global delivery figures, declined to comment when contacted by Fortune.

Meanwhile, traditional automakers are pulling ahead in terms of electric truck sales. In Q2, Cybertruck sales were beaten by both the Ford F-150 Lightning and the GMC Hummer EV.

“Suffice it to say, the hyper-competitive EV market is providing the troubled automaker no relief,” Cox Automotive wrote.

The most popular Cybertruck — the dual-motor, all-wheel-drive version — starts at $80,000 without extras. That’s a far cry from the $50,000 price tag promised at its 2019 reveal. And the two extra years of development didn’t help.

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