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

[Egypt Independent - Egypt] - 7/07/2025
London CNN — Shares in Tesla tanked by as much as 7.6 percent in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump. Tesla stock (TSLA) later recovered some of its earlier losses but was (…)
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