Monday Update： July 7, 2025
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Summary
Elon Musk is launching the America Party, and he s getting some big names behind him, the likes of Mark Cuban, Anthony Scaramucci, and even Chris Christie. President Trump is lashing out at Musk for his move, and the Tesla CEO has been accused of being too big for his own shoes.
Transcript
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Hello, everybody. I'm John Foss with this Great America Show midday update for Monday, July 7th.
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Well, Elon Musk just can't seem to keep his mouth shut and get back to work and work on his business,
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work on Tesla, maybe work on pulling Tesla's production out of China, maybe work on stopping
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everything he does with his batteries in China. No, he's got his hands in another project now,
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it turns out. That's right. Elon Musk is launching the America Party and he's getting some big names
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behind him, likes of Mark Cuban, Anthony Scaramucci, possibly Chris Christie. It's all the winners,
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I should say losers, actually, who just couldn't cut it in the Republican Party, couldn't cut it in
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any primary, who now all of a sudden want to form a new party because they can't win in their own
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party. Now, I'm not saying any of these guys are Republicans, but they certainly pretend like they
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are. President Trump unleashing a scathing statement on Truth Social last night, slamming you on
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Musk for going, quote, completely off the rails with this announcement of the America Party. In a
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fiery post, President Trump criticized Musk's move as reckless and disruptive, warning that third
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parties have never succeeded in America and only served to fracture the conservative movement
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while helping the Marxist left. Elon's abrupt launch of the America Party stunned conservatives
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this Independence Day weekend, just days after President Trump and Republicans scored a major
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legislative victory by passing the big, beautiful bill. Musk, of course, vehemently against it. Now,
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this landmark legislation, of course, includes a provision repealing Biden's draconian electrical
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vehicle mandate, a policy that Musk had once supported. A lot of people are saying that this
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is the reason why the relationship between President Trump and Musk went afoul. It had nothing to do with
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President Trump. You know, we tell you here every day, and you guys all know, President Trump was against
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any sort of electric vehicle mandate, and Musk knew that before he endorsed him. Now, Scott Besson was
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on over the weekend with the Marxists, but they were sort of playing nice, State of the Union over
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on CNN. He was asked about Elon Musk and their relationship about the White House with Dana Bash.
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I let you go. It's not a big secret that you had your differences with Elon Musk when he was working
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in the administration. He announced this weekend that he is starting a new political party. Does
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that worry the Trump administration? Look, the principles of Doge were very popular. I think if
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you looked at the polling, Elon was not. So I believe that the boards of directors at his various
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companies wanted him to come back and run those companies, which he is better at than anyone.
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So I imagine that those board of directors did not like this announcement yesterday and will be
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encouraging him to focus on his business activities, not his political activities.
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Besson, absolutely right. As polling has shown, the great Mark Mitchell, who's on the show
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almost every week now, Elon is not a popular figure. Now, Doge, as Besson said, was a popular
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topic and a popular program that they started. But Elon Musk, personally, his popularity was just not
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there. The American people just didn't see Elon as favorable as I think he sees himself.
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Elon getting a little too big for his own shoes, I believe, thinking he was somehow going to be
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more popular than Donald Trump. That's just not the case, Elon. He should have known that.
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Now, Elon's problems don't stop there. Azoria, which is a prominent investment firm with deep
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ties to tech and AI innovation, has yanked its support from Tesla ahead of a planned ETF launch,
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citing Elon Musk's announcement of this America First Party. Azoria Tesla ETF,
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which was set to go public next week, would have offered investors a strategic vehicle for
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exposure to Tesla's high growth potential. CEO of this Azoria, James Fishback, saying on Twitter,
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quote, Elon has gone too far. My investment firm Azoria has decided to postpone next week public
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listing for our Azoria Tesla ETF. Our decision comes in direct response to Elon's announcement
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that he's launching a new national political party. This creates a conflict with his full-time
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responsibilities as CEO of Tesla. Divests his focus and energy away from Tesla's employees
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and its shareholders. As President Trump had said and Besson had said, I think it's time for Elon to
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just get back to work. It's unclear what exactly he is doing. A big breakthrough in the Epstein files,
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I think that we've all been waiting for, but it's not the news that I think we want. Well, I know we
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want. Attorney General Pam Bonney told us back in March that the files, the Epstein client lists,
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were on her desk being reviewed. Let's take a trip down memory lane and listen exactly
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Yeah, I saw your appearance at CPAC with Ben and with Ted Cruz. And one of the things that you
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alluded to, and this is something Donald Trump has talked about, the DOJ may be releasing the list
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of Jeffrey Epstein's clients. Will that really happen? It's sitting on my desk right now to review.
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That's been a directive by President Trump. I'm reviewing that. I'm reviewing JFK files, MLK files.
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That's all in the process of being reviewed because that was done at the directive of the
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president from all of these agencies. So that was back in March. So what do we find out over the
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weekend? We find out that Epstein definitely died by suicide and didn't kill himself. No client list
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exists, and there's no evidence he ever blackmailed any powerful people. Now, this doesn't make much
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sense, does it? Because this is the antithesis of everything we've been told by Kash Patel and
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Pam Bondi and Dan Bongino before they, of course, took their very powerful roles in government.
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So now it's case closed. That's it. He didn't kill himself. There's no client lists, and that's that,
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and we're supposed to go on with our everyday lives, and pedophiles are supposed to be protected,
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apparently. This is what it's come to. Folks, please be sure to join us tonight. We're going to have
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much, much more on this on tonight's show, 6 p.m. Eastern time. Rumble YouTube, Twitter,
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wherever you guys join us each and every day. We'll see you there, 6 p.m. tonight.
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Happy Monday, folks. I'm John Fawcett with this Midday Update. Have a great day, everybody.