Elon Musk floats strategy for new political party

Catch up quick: Musk helped bankroll President Trump's reelection, but the pair since have fallen out.

• Most recently, Musk has been an outspoken critic of Trump's signature legislation, which the Tesla CEO believes is fiscally irresponsible and hurts America's global competitiveness.

What he's saying: Musk first asked X followers if they "want independence from the two party (some would say uniparty) system," and thus would support the creation of "the America Party."

He then added:

One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts. Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people.

The bottom line: Musk didn't identify any specific races, so for now this is just a trial balloon.