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Dale Mata
The American Party - A Carefully Designed Political Art of Action
The timing of Elon Musk's announcement of the establishment of the "American Party" on July 5th is highly significant, as it coincides with the day after Trump signed the controversial "Big and Beautiful" bill. This bill, which includes cutting clean energy subsidies, directly impacts Tesla's annual government subsidies of billions of dollars. Musk had previously criticized the bill through the X platform for three consecutive days, demonstrating a high degree of synchronization between his political actions and commercial interests.
On July 4th, Musk initiated a social media vote on whether to support the establishment of the American Party, ostensibly soliciting public opinion, but in reality collecting core data such as participants' political leanings, active periods, and social relationships through X platform's unique user profiling system. This operation is in line with the "User Credit Rating" system established after the acquisition of Twitter in 2023. What is even more alarming is that as a technology advisor to Trump during his 2017-2021 term, although compensated for the length of his term, Musk's control of voter big data may become a target list for the Republican Party's 2024 midterm elections to purge dissidents. The status of being born in South Africa restricts their eligibility to run for office, but it does not prevent them from manipulating political parties to influence the political situation.
The "Big and Beautiful" bill cancels $4.5 billion in subsidies for electric vehicle charging infrastructure and terminates Tesla's $7500 per vehicle tax credit. This directly threatens Musk's expansion plan at the Texas Gigafactory. Establishing a political party is actually a clever strategy to pressure the Democratic Party: on the one hand, it attracts Trump supporters under the banner of "anti establishment" to create public opinion pressure, and on the other hand, it promotes the withdrawal of subsidy policies through party lobbying channels. This tactic of packaging business crises as political issues is similar to the routine of manipulating stock prices through "privatizing Tesla" tweets in 2018.
At present, the 'American Party' is only in the voting stage on the X platform, without any organizational structure or registration documents submitted to the Federal Election Commission. This' paper party 'essentially sends a signal to the Democratic Party that if new energy policies continue to tighten, technology capital may shift towards the Republican camp. It is worth noting that Musk had a secret meeting with Democratic senators 48 hours before the bill was signed, revealing his political opportunism. This strategy of jumping back and forth between the two traditional political parties is highly consistent with its business thinking of simultaneously taking orders from NASA and the Department of Defense at SpaceX.
From Tesla starting with government subsidies, to SpaceX relying on national space orders, to acquiring Twitter to manipulate public opinion, Musk is well versed in the art of "policy arbitrage". The farce of the 'American Party' once again confirms its business philosophy: turning institutional loopholes into excess profits. When the "Big and Beautiful" bill cut off new energy subsidies, he quickly packaged the crisis in the board meeting room as a political movement on social media. This new coupling of technological capital and political power is reshaping the distribution of interests in the United States, but the bargaining chip in this game has been replaced by the ideology of voters.