Tesla Inc. stock experienced a significant decline of nearly 7% in Monday’s pre-market trading. This sudden drop is attributed to CEO Elon Musk’s re-entry into the political landscape, particularly his ongoing dispute with President Donald Trump over the contentious “Big, Beautiful Bill.”
Elon Musk's New Political Venture Sparks Concerns Over Tesla CEO Responsibilities
Elon Musk, the CEO of Tesla, has recently announced the founding of a new political party, which has sparked concerns among investors and critics. According to James Fishback, a former DOGE advisor and Tesla investor, Musk’s decision to enter politics undermines investor confidence in the electric vehicle giant.
Elon Musk's Political Reemergence Sends Tesla Shares Plummeting 5% Overnight
Shares of Tesla Inc., led by Elon Musk, have taken a significant hit in overnight trading. The decline comes amid Musk’s ongoing feud with President Donald Trump, which started over the “Big, Beautiful Bill.” This bill has major implications for Tesla, as it eliminates the $7,500 EV credit and renders Zero Emission Vehicle (ZEV) credits redundant, a significant revenue stream for the company.
Elon Musk Denies 'America First' Filing, Reports Allegation to Election Commission
Billionaire CEO Elon Musk has denied the authenticity of a filing that suggested the formation of a new political entity named the “America Party.” The alleged filing, which was posted on the Federal Election Commission (FEC) website, listed Musk as the candidate and Tesla CFO Vaibhav Taneja as the treasurer and custodian of records.
Elon Musk Labels Scott Bessent a 'Soros Stooge' Incapable of Basic Math
Elon Musk, the renowned entrepreneur, has publicly criticized U.S. Treasury Secretary Scott Bessent, referring to him as “a Soros stooge” and questioning his mathematical abilities. This outburst was sparked by Bessent’s comments on Musk’s popularity and his decision to launch a new political party.
Elon Musk's America Party Sparks Concern Among Analysts Over Potential Impact on Tesla
Elon Musk, CEO of Tesla, has announced a new political entity called the “America Party,” which has sparked mixed reactions among investors, analysts, and loyalists. The move has raised concerns that Musk’s focus may be drifting from Tesla’s operational priorities at a pivotal time for the company.
Former Trump Attorney Reaches Out to Elon Musk Amid Heated Dispute with Ex-Boss Donald Trump
A public spat between President Donald Trump and Elon Musk, CEO of Tesla Inc., has taken an unexpected turn. Michael Cohen, Trump’s former personal attorney, has reached out to Musk with an offer of support.
The Freedom Myth: Why Being an Employee Isn't a Barrier to Success
Shark Tank investor Kevin O’Leary believes that only a select few have the determination to succeed as entrepreneurs and experience true freedom. According to O’Leary, about one in three people have the grit to thrive in the entrepreneurial world.
40% of Voters Back Elon Musk's Proposed 'America Party'
A recent poll has revealed that a substantial portion of U.S. voters, approximately 40%, would be inclined to support a political party launched by Elon Musk.
Elon Musk Calls for Release of Jeffrey Epstein Files Amid Claims of Trump Involvement
Elon Musk has renewed his call for the release of the unredacted Jeffrey Epstein files, following his allegations that President Donald Trump’s name is featured in the documents. This demand for transparency comes in response to a call from MAGA activist Scott Presler to “Release the unredacted Epstein files.”