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Tesla shares sink as Musk launches political party

Sky News Monday, 7 July 2025 ()
Tesla shares sink as Musk launches political partyShares in Elon Musk's Tesla have reversed sharply amid renewed concerns about his focus on the company's recovery as he plots against Donald Trump.
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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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This comes after Musk announced a plan to launch a new US political party, called America Party.
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