Tesla Shares Plummet as Elon Musk Announces New Political Party
TL;DR Summary
Tesla's stock dropped 7% following Elon Musk's announcement of plans to create a new political party, amid deteriorating relations with President Trump and declining sales, marking a shift from previous investor optimism linked to Musk's political involvement.
- Tesla Stock Dives as Elon Musk Plans New Political Party The New York Times
- Elon Musk indicates his new political party will be pro-gun, pro-bitcoin: 'The Second Amendment is sacred' Fox News
- How Elon Musk's new political party could become a reality Axios
- Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’ CNN
- Tesla shares drop 7% after Elon Musk says he is launching a political party CNBC
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