Elon Musk Launches the America Party: What's Next for Tesla Stock?
Tesla (TSLA) shares dropped 7% as Elon Musk announced plans for the “America Party,” sparking concerns of distraction. The EV maker’s market cap fell below $1 trillion. Musk’s political pivot risks alienating stakeholders and impacting Tesla’s growth. Analysts express worry over Musk’s shift and potential reputational damage. The outlook for TSLA remains uncertain amid political and market challenges.
Read more at Yahoo Finance: Elon Musk Launches the America Party. How Should You Play Tesla Stock Here?