MSNBC host Jen Psaki breaks down the barriers Elon Musk will face in creating a third political party, and why he'll likely fail

The two men spoke about Mr. Musk’s push to create the America Party before the midterm elections. Mr. Yarvin has expressed support for a monarchy, along with provocative ideas about race.

Tesla CEO Elon Musk's plan for a new political party prompted an analyst to recommend Tesla's board board create new "ground rules" to keep Musk focused on Tesla's future.