Tesla shares dive as investors fear new Elon Musk political party will damage brand

theguardian.com/technology/2025/jul/07/tesla-shares-dive-as-investors-fear-new-elon-musk-political-party-will-damage-brand

Shares in Tesla fell 7.5% in early US trading on Monday, wiping $76bn (£56bn) off the company’s value, amid investor concern that Elon Musk’s launch of a new political party will present further problems for the electric carmaker.
Tesla’s market capitalisation fell from just over $1tn to…

This story appeared on theguardian.com, 2025-07-07 16:09:34.532000.
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