New York (PTI): US President Donald Trump slammed Elon Musk after he formed a new political party, terming the move as "ridiculous" and saying the tech billionaire has gone "completely off the rails".

Musk, Trump's one-time ally, said in a post on X Saturday that he had set up the “American Party” to compete against the Republican and Democratic parties.

"I think it's ridiculous to start a third party," said Trump, speaking to reporters on Sunday before boarding Air Force One. "It's always been a two-party system, and I think starting a third party just adds to the confusion."

In a post on his social media platform, Truth Social, Trump said, “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks."

Musk even wants to start a third political party despite the fact that they have never succeeded in the United States, the US President said.

"The one thing Third Parties are good for is the creation of Complete and Total DISRUPTION & CHAOS,” Trump added.

He claimed that the Tesla CEO was motivated by discontent over his plan to end subsidies to promote the purchase of electric vehicles.

Trump also accused Musk of seeking improper influence by asking him to nominate his friend, Jared Isaacman, to be NASA administrator.

After Musk left his role as a special government employee in the Trump administration, Isaacman’s nomination was also withdrawn.

“I also thought it inappropriate that a very close friend of Elon, who was in the Space Business, run NASA, when NASA is such a big part of Elon’s corporate life,” Trump wrote.

Musk, the largest individual donor to Trump’s 2024 presidential campaign, was a close adviser to Trump until recently.

Musk, who spearheaded the Trump administration’s push to cut government waste, had criticised Trump’s “big beautiful" tax and spending bill because of estimates that it would add trillions of dollars to the federal deficit.

The legislation was narrowly passed by Congress and signed into law by the president this week.

Musk’s criticism of the bill was the catalyst for a major falling out between the two men last month.

The world’s richest man has indicated he wants a party that is fiscally conservative and reins in spending, but has offered few other details about what the party’s platform would be.

The two-party system in the United States has long been criticised by both registered Democrats and registered Republicans, but efforts in the last century to form a third party have shown little success.

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Guwahati (PTI): Polling for all 126 Assam assembly constituencies began on Thursday to decide the electoral fate of 722 candidates, officials said.

In the high-stakes election, the ruling BJP is aiming for a third consecutive term in office, while the Congress seeks to wrest power after being ousted in 2016.

Polling, being held in a single phase, began at 7 am and will conclude at 5 pm. Long queues of voters were seen outside polling stations from early morning.

An electorate of 2.50 crore, including 1.25 crore women and 318 from the third gender, can exercise their franchise in 31,490 polling stations across the state.

Prominent candidates include Chief Minister Himanta Biswa Sarma, Congress state president Gaurav Gogoi, assembly Speaker Biswajit Daimary, Leader of the opposition Debabrata Saikia, AIUDF chief Badruddin Ajmal, Raijor Dal president Akhil Gogoi, and Assam Jatiya Parishad (AJP) chief Lurinjyoti Gogoi.

Several cabinet ministers, including the AGP’s Atul Bora and Keshav Mahanta, and the BPF’s Charan Boro are also in the fray.

The Congress has the highest of 99 contestants, followed by the BJP (90), AIUDF (30), NDA allies AGP (26) and BPF (11).

Opposition alliance’s Raijor Dal is contesting in 13, AJP in 10, CPI(M) in 3 and APHLC in 2. Outside the two coalitions, the AAP is contesting in 18 seats, UPPL in 18, TMC 22, JMM 16 and there are 258 independents.

The ruling NDA’s main constituents are the BJP, Asom Gana Parishad (AGP) and the Bodo Peoples’ Front (BPF) while the opposition alliance comprises the Congress, Raijor Dal, Assam Jatiya Parishad (AJP), CPI(M), All Party Hill Leaders Conference (APHLC) and CPI(ML).

The counting of votes is scheduled on May 4.