Tesla shares fall 7% after Musk launches his party

02 MIN 00 SEC
AFP
New York, United States (July 7, 2025) - 09:01 hrs



Tesla shares fell 8% after Elon Musk spoke over the weekend about creating a new political party in the US. Credit: AFP
Shares of electric vehicle manufacturer Tesla fell more than 7% on the New York Stock Exchange on Monday after Elon Musk announced the creation of his own political party over the weekend.
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