426

Tesla loses $68 billion in value after Elon Musk says he is launching a political party (www.cnbc.com)

submitted 3 days ago* (last edited 3 days ago) by [email protected] to c/[email protected]

61 comments fedilink hide all child comments

KEY POINTS

Elon Musk said he would form a new political party called the “America Party.”

Tesla shares fell Monday after Musk’s announcement.

Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.

(page 2) 11 comments

sorted by: hot top new old

[-] [email protected] 1 points 2 days ago* (last edited 2 days ago)

Yeah that's great, Elon. You couldn't have done it like a year ago when it might have helped???

permalink
fedilink
source

[-] [email protected] 4 points 2 days ago

permalink
fedilink
source

load more comments

this post was submitted on 07 Jul 2025

426 points (99.1% liked)

Economics

899 readers

57 users here now

founded 2 years ago