Tesla Shares Drop 7% on Musk’s Political Move 📉

Tesla’s stock fell 7% in premarket trading following Elon Musk’s announcement of a new political party, the America Party. Investors are concerned about potential distractions from Tesla’s core business, especially amid its focus on AI and autonomous driving. Musk’s vocal support for Bitcoin and political ventures has sparked debates about his leadership priorities. The market’s reaction reflects uncertainty about Tesla’s future direction.

Will Musk’s political move hurt Tesla’s growth?

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