Bessent Suggests That Musk “Stay Out Of Politics”

July 6, 2025 Infighting Is Funny, Trump Administration

A day after Elon Musk escalated his feud with Donald Trump and announced the formation of a new U.S. political party, the Republican president’s Treasury secretary said Musk should stick to running his companies.

In addition, investment firm Azoria Partners, which had planned to launch a fund tied to Musk’s electric automaker Tesla said it was delaying the venture because the party’s creation posed “a conflict with his full-time responsibilities as CEO.”

Treasury Secretary Scott Bessent said the boards of directors at Musk’s companies – Tesla and rocket firm SpaceX – probably would prefer him to stay out of politics. “I imagine that those boards of directors did not like this announcement yesterday (Saturday) and will be encouraging him to focus on his business activities, not his political activities,” Bessent said.

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Bessent takes a shot at Musk: “The principles of DOGE were very popular. I think if you looked at the polling, Elon was not.” pic.twitter.com/cQChgprjSR

— Aaron Rupar (@atrupar) July 6, 2025