NYC Comptroller Brad Lander told Fortune the announcement is a reminder “the rule of law applies to everyone—even the world’s richest man and his company.”

Elon Musk said he would form a new political party called the "America Party."

It could set the stage for another battle with Trump, who wants to be known as the 'crypto president'.

When the Wedbush tech analyst lobbied Tesla’s board to form a special board oversight committee, the CEO’s response was as immediate as it was dismissive.

NYC Comptroller Brad Lander told Fortune the announcement is a reminder “the rule of law applies to everyone—even the world’s richest man and his company.”