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After Musk left his role as a special government employee in the Trump administration, Isaacman’s nomination was also withdrawn.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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Erode (Tamil Nadu) (PTI): Police declined permission to hold TVK chief Vijay's public meeting in Erode on December 16, after former minister K A Sengottaiyan, who recently joined the party, submitted a petition on Sunday, sources in the department said.

Erode is the home turf of Sengottaiyan, a nine-time MLA and former minister, who joined the actor-politician's party after being expelled from AIADMK. The meeting would have been an opportunity for him to prove his strength in organising a meeting of this scale.

Speaking to reporters here, he said, "The TVK chief will visit Erode on December 16 and address a public meeting in a private land near a marriage hall".

The former minister also submitted a petition to the District Collector S Kandasamy seeking permission for the meeting. Later, he submitted a copy of the petition to the officials in the District Police Office.

Following this, A Sujatha, Superintendent of Police, inspected the seven-acre site in the Pavalathampalayam area on Erode-Perundurai Road where TVK wanted to hold the meeting.

Later, police officials told the media that TVK's petition stated that they expected a 70-thousand strong crowd. The site proposed by them is quite inadequate to accommodate that much crowd and their vehicles and hence permission was declined, they added.

The officials also said that the decision was communicated to Sengottaiyan, and he was asked to choose a different spot.