Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party and Trump suggesting Musk could be punished for his opposition.

Musk would need to overcome many hurdles to establish a third party. Similar efforts, including the late billionaire Ross Perot’s, haven’t lasted.

Within the course of a few weeks, Elon Musk has gone from a close confidante of President Donald Trump to his apparent political enemy. There is no clearer evidence of this than Musk's intention to start a third-party movement to fight against the Democrats and Republicans;