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Tesla Slides on Concern Musk’s New Party Will Worsen Slump

Upworthy Monday, 7 July 2025 ()
In This Article: (Bloomberg) — Tesla Inc. (TSLA) shares fell after Elon Musk announced he’s forming a new political party, digging deeper into a pursuit that’s been a drag on his most valuable business. Most Read from Bloomberg The chief executive officer announced over the weekend that he’ll take…
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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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Tesla Slides on Concern Musk’s New Party Will Exacerbate Slump
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Tesla shares dive as investors fear new Elon Musk political party will damage brand

 Shares in Tesla fell 7.5% in early US trading on Monday, wiping $76bn (£56bn) off the company’s value, amid investor concern that Elon Musk’s launch of a...
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