India, July 7 -- US President Donald Trump on Sunday slammed his former advisor and closest ally Elon Musk for floating a third political party. Taking to social media, the US president referred to the Tesla chief as a "trainwreck," suggesting he had gone "off the rails" for suggesting a third party.

After Trump's passing of the 'Big Beautiful Bill', Elon Musk announced he will be forming the "America Party" to give people their freedom back. This decision came amid dissatisfaction from both the Republican and Democratic parties in the US.

"I am saddened to watch Elon Musk go completely "off the rails," essentially becoming a TRAIN WRECK over the past five weeks. He even wants to start a Third Political Party, despite the fact that they...