Wall Street analysts and investors cited growing fatigue with Musk’s increasingly controversial political activities as a key factor behind the sell-off.

"What the independent space has been lacking has been resources," Jolly said.

Elon Musk is lashing out at Wedbush Securities analyst Dan Ives, telling the technology analyst to "Shut up."

Before we assess the eternally unrealized dream of a potent third party in American politics, let’s consider the specific, recently emergent dream of one specific man: Elon Musk.

Instead of the quadrennial dream of No Labels, in which high-minded donors put up the money for an imaginary white knight who never materializes, we may get the “America Party,” in which the world’s ...