Tag Archives: regulatory changes

Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’

Tesla's stock chart showing a significant drop, with Elon Musk and Donald Trump in the background.

You might want to keep a close eye on Tesla’s stock performance as shares plummeted 6.79% on Monday following Elon Musk’s announcement of forming a new American political party. This dramatic market response came after former President Trump’s sharp criticism of Musk’s political ambitions on Truth Social, calling him a “train wreck.” As you follow […]