Tesla Stock Declines Amid Elon Musk's Political Moves
TL;DR Summary
Tesla short sellers are poised to earn approximately $1.4 billion in paper profits following a 7.5% stock decline triggered by Elon Musk's announcement of a new U.S. political party and his feud with Donald Trump, reflecting concerns about Musk's focus on the company's future.
- Tesla short sellers set to pocket about $1.4 billion in profits after stock slump Reuters
- Tesla shares drop 7% after Elon Musk says he is launching a political party CNBC
- Tesla shares tumble as Elon Musk floats new US political party Al Jazeera
- Tesla investors have a very clear message for Elon Musk: Stay away from politics Business Insider
- Who will matter more for Elon Musk and Tesla: Donald Trump or Xi Jinping? Times of India
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