Musk Responds to Reason for Shift in Stance: Opposes Trump's Policy of Expanding Fiscal Deficit

Tesla CEO Elon Musk, in response to a user's question, stated that the main reason for his change in stance is that the Trump administration increased the fiscal deficit from $2.0 trillion during Biden's term to $2.5 trillion. Musk said this "will lead to national bankruptcy." Previous news indicated that Musk announced the formation of the "American Party," which will break the existing political landscape [ChainCatcher].