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Elon Musk’s new party spooks investors: Tesla shares fall 7% as political move revives Donald Trump feud; stock slumps 35% since December peak

IndiaTimes Monday, 7 July 2025 ()
Tesla shares plunged after Elon Musk launched the "America Party," reigniting investor concerns about his focus amid slowing sales and an aging vehicle lineup. This move escalates his feud with Donald Trump, who criticized Musk's influence over NASA. Investors worry about a distracted Musk and potential impacts on Tesla's government contracts, pressuring the board to act.
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Video Credit: Oneindia - Published
News video: Trump VS Musk HEATS-UP | ‘RIDICULOUS! IT WON’T WORK’ | Trump slams Elon Musk’s America Party

Trump VS Musk HEATS-UP | ‘RIDICULOUS! IT WON’T WORK’ | Trump slams Elon Musk’s America Party 03:18

Donald Trump lashed out at Elon Musk after the Tesla CEO launched his new “America Party,” calling the move “ridiculous” and branding Musk a “train wreck.” Trump warned Musk’s third-party push would hand Democrats an advantage and undermine GOP unity. Musk fired back, condemning both...

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