Tesla shares a cast while Musk launches a political party | Money news Aitrend

The actions of Tesla d’Elon Musk have greatly reversed renewed concerns about its emphasis on the restoration of the company while it plotes against Donald Trump.

The actions of the electric car company plunged more than 7% at the start of the negotiation at Wall Street – taking around 71 billion dollars (52 billion pounds Sterling) on ​​its market value.

The stock has been often under pressure since Musk started his association with the presidentAt the end of the cost of the federal government by the federal government thanks to a new department known as DOGE (Department of Effectiveness of the Government).

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But he now suffers when their political relationship has embarked.

Musk publicly opposed the so-called “Large and beautiful bill– Mr. Trump’s tax reduction plans received approval from the congress last week – since he left his role as Doge.

Musk wrote in an article on his X platform on June 30: “It is obvious with the crazy expenses of this bill, which increases the ceiling of the debt by a record of five dollars of dollars that we live in a single party country – Porky Pig Party !!”

Once the bill has been adopted, he created an X survey, asking people if they wanted him to launch the America party.

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Musk V Trump: “ the big and beautiful breakdown ”

He wrote on July 4: “The day of independence is the ideal moment to ask you if you want the independence of the system to two parties (some would say Unitarty)!”

The vote ended with 65.4% in favor of creating the party.

The training of the America party was announced the next day.

“By a factor of 2 to 1, you want a new political party and you will have it!” When it comes to bankrupt our country with
Waste & Graft, we live in a single party system, not a democracy. »»

“Today, the America party is trained to make your freedom,” published Musk.

Trump responded to his social story of truth: “I am saddened to see Elon Musk go completely” out of the rails “, becoming essentially a train wreck in the past five weeks.

“He even wants to start a third political party, despite the fact that they have never succeeded in the United States –
The system does not seem to be designed for them. »»

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Trump threatens to “put Doge” on Musk

Trump has already threatened to continue TeslaGovernment grants and contracts by the government of the Doge department to save “big” when their relationship has deteriorated.

Such threats also put pressure on the course of action in Tesla.

He suffered from Trump 2.0 and, in fact, was less than more than last December – shortly after the confirmation of Mr. Trump’s electoral victory.

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The possibility of a price strikes the company, followed by a disturbance of real prices, as well as a reaction of consumers and investors against the role of previous Doge of Musk contributed to a decrease of 35% of the December summit.

The very absence of CEOs of Tesla dragged on the actions.

Tesla sales suffered worldwide while the trade war increased due to the taxation of prices by a government which he supported, until the public dispute between him and the president begins in early June.

Musk had just renewed its 100% concentration on Tesla and its other commercial interests at that time.

Tesla sales were down during the presidential election campaign last year and continued to refuseOn a quarterly basis, during the first half of 2025.

Neil Wilson, Stratege of British investors at Saxo Markets, said about the misfortunes of the company’s action: “Investors are worried about two things – one is more touching subsidies and the more important other is a distracted musk.

“The investors had applauded Musk backing back the front line policy, but was now afraid that he did not know and divert the eye of Tesla.”

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