Tesla shares drop 6% as Musk talks of 'America Party,' investors worry about distractions

Tesla shares dropped by 6% after CEO Elon Musk tweeted about forming a political party called “America Party.” Investors expressed concern over potential distractions from the company’s core business. The electric car maker’s stock closed at $1,000.71 per share on Friday, down from a high of $1,094 earlier in the week.

Read more at Investing.com: Tesla shares fall as Musk’s ‘America Party’ riles investors