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Tesla Once Dives 7%+ Pre-mkt; Broker: Musk's Deep Political Involvement Contrary to Mkt Expectations
Tesla (TSLA.US) saw its pre-market stock price sag as much as 7%+, currently down 6.6% at USD294.4. Over the weekend, Tesla CEO Elon Musk announced the formation of a new political...
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Tesla Once Dives 7%+ Pre-mkt; Broker: Musk's Deep Political Involvement Contrary to Mkt Expectations
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Tesla (TSLA.US)      saw its pre-market stock price sag as much as 7%+, currently down 6.6% at USD294.4.

Over the weekend, Tesla CEO Elon Musk announced the formation of a new political party, the "America Party", aiming to secure 2-3 Senate seats and 8-10 House seats to act as a pivotal minority in contentious legislation, ensuring Congress serves the true will of the people.

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A Wedbush Securities report stated that Musk’s deep political involvement is contrary to the expectations of investors and shareholders at a critical juncture for Tesla’s story.
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