Tesla’s stock continues its downward spiral — and this time, it’s serious. On Monday alone, the company lost more than $68 billion in market value, just days after Elon Musk announced his plans to launch a new political party. The unexpected move sent shockwaves through Wall Street and shook investor confidence.

Over the weekend, Musk revealed that he plans to create the so-called "American Party", aiming to win a few Senate and House seats. “Just a handful of votes can make a difference,” he claimed. But while Musk sets his sights on politics, Tesla's valuation is falling fast.

📉 Markets in Turmoil

Tesla shares plummeted 6.9% on Monday as soon as the markets opened, slashing tens of billions off the company’s value. And it wasn’t just Tesla — the entire U.S. stock market had a rough day.

That’s because Trump announced new tariffs on imports from 14 countries, further adding to market uncertainty. Countries like Japan, South Korea, Thailand, and Bangladesh were hit. And as confirmed by the White House, more tariffs are on the way.

📉 The Dow dropped 400 points, S&P 500 fell by 0.8%, and Nasdaq lost 0.9%. Investors are left wondering: how much worse could this get?

🤔 Is This Really the Time for Politics, Elon?

Analysts are raising eyebrows. Danny Ives of Wedbush Securities said Musk is heading in exactly the wrong direction: “At a time when Tesla needs focus, Elon is jumping into political battles. For shareholders, it’s deeply frustrating.”

Trump responded to Musk’s new "challenge" with his usual flair — calling the plan “ridiculous” and saying “Elon has completely gone off the rails.”

📉 Investors Are Tired of Musk’s Political Side Quests

While Musk's diehard fans may stick with him no matter what, the broader investing public is growing weary. Tesla has already faced a tough few months — waning demand, competition from China, EV price wars, and now mounting political uncertainty.

💬 What’s Next?

Some strategists believe the current drop is only a temporary dip before earnings season. “It might just be a bit of profit-taking after recent highs,” said Adam Parker of Trivariate Research.

But one thing is clear — the mix of Elon Musk’s political ambitions and Donald Trump’s economic moves has created a storm on Wall Street that could cost Tesla even more.

Want to know how billionaire politics affect your portfolio? Stay tuned!



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