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Tesla shares slide after Musk announces new political move

Upworthy Monday, 7 July 2025 ()
Billionaire Elon Musk over the weekend announced that he's launching a new "America Party" to challenge the Republican and Democratic parties – though his latest foray into politics has Tesla shares sliding. Musk on Friday posted a viral poll on X, the social media platform he owns, that asked…
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News video: U.S July 4 Breaking: Elon Musk Floats Launching A Third Party on Independence Day; Challenged Trump

U.S July 4 Breaking: Elon Musk Floats Launching A Third Party on Independence Day; Challenged Trump 04:02

In a dramatic Independence Day twist, Elon Musk hinted at launching a new third political party in the United States, directly challenging Donald Trump’s influence over the Republican base. Speaking during a July 4 livestream, Musk criticized both major parties as corrupt and incapable of solving...

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Tesla shares sink after Musk says he will launch new political party

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