this post was submitted on 07 Jul 2025
428 points (99.1% liked)

Economics

901 readers
4 users here now

founded 2 years ago
428
Tesla loses $68 billion in value after Elon Musk says he is launching a political party (www.cnbc.com)
submitted 6 days ago* (last edited 6 days ago) by babysandpiper@sopuli.xyz to c/economics@lemmy.world
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.

you are viewing a single comment's thread
view the rest of the comments
[–] NotASharkInAManSuit@lemmy.world 2 points 5 days ago

I have a message. Elon Musk’s plane was shot down over the Sea of Japan. It spun in. There were no survivors.