Trump says Musk has gone 'off the rails' after Tesla CEO announces new political party

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U.S. President Donald Trump lashed out against Elon Musk after he formed a new political party, calling the move "ridiculous," and saying the tech billionaire had gone "completely off the rails."

"I am saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a TRAIN WRECK over the past five weeks," Trump said in a post on Truth Social late Sunday stateside. "The one thing Third Parties are good for is the creation of complete and total disruption and chaos."