Elon Musk has decided to slow plans for creating the 'America Party', a proposed third political party, The Wall Street Journal reports. Sources indicate Musk wants to focus on running his businesses and avoid dividing Republican support. He remains in contact with U.S. Vice President Vance. Musk had previously promoted the party as a way to restore voters' 'freedom', but recently told allies he will not move forward with the initiative for now.