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

Fall of 7% in premarket trading would wipe $70bn off firm’s value as market frets CEO’s foray into politics will distract from role
Shares in Tesla are heading for a sharp fall in the US as investors fear Elon Musk’s launch of a new political party will present further problems for the…

This story appeared on theguardian.com, 2025-07-07 09:19:15.
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