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Tesla Stock Dives as Elon Musk Plans New Political Party
Mr. Musk’s involvement in politics and his financial support for the president’s campaign was once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election last year. That association has now turned into a liability. Tesla shares are down 40 percent from their peak in December.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
Elon Musk has announced he’s starting his own political party called the “America Party," while dropping hints he’s still ...
Investor's Business Daily on MSN19h
Tesla Stock Tumbles As Elon Musk Forms America Party, EV Giant Loses Tax CreditsTeslaTSLA is in focus as CEO Elon Musk doubles down on politics, vowing to form a new America Party. TSLA stock was sharply lower early Monday.Musk's political move followed President Donald Trump ...
As Tesla falls behind the local competitors it helped create, the billionaire’s rupture with Trump is limiting his value to ...
Reportedly, it turns out that the political outfit has officially registered with the Federal Election Commission (FEC).
Elon Musk's social media fight with President Trump over the budget bill this week threatens to have a larger impact.
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
Tesla Inc. TSLA stock experienced a 0.73% dip in this record-setting week, as a renewed “war of words” between President ...
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