Musk's Politics to Impact Tesla: 71% Predict Stock Decline

The potential launch of a new political party by billionaire Elon Musk could result in him dedicating more time to politics, potentially putting his role at Tesla Inc. on the back burner. This development, combined with the passage of the “Big Beautiful Bill” by Congress and President Donald Trump, could have negative implications for Tesla and the electric vehicle sector.

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Tesla Feels the Heat from Surging Copper Prices

Copper prices have surged by over 13%, marking the biggest single-day gain in history. This increase is largely attributed to the latest tariff threat from President Donald Trump. While commodity investors are celebrating, Tesla Inc. is facing a significant challenge. The electric vehicle manufacturer uses over 180 pounds of copper in each Model Y and Cybertruck, making it highly vulnerable to fluctuations in copper prices.

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