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Tesla shares drop 7% after Elon Musk says he is launching a political party

Upworthy Monday, 7 July 2025 ()
Tesla stock fell about 7% on Monday after CEO Elon Musk announced plans to form a new political party. The stock was on pace for its worst day since June 5, when it fell 14% as the clash between Musk and President Donald Trump erupted. Musk said Saturday that the party would be called the "America…
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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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