Elon Musk’s new ‘America party’ is ‘hurting’ his company; Tesla Bull Dan Ives says, ‘Very simply…’

Tesla shares declined following Elon Musk’s announcement of a new political party. The drop marked the largest single-day decrease since June. Musk’s political involvement has sparked concern among investors. Tesla’s EV sales also experienced a decline. Sales in Europe saw a significant plunge. Musk’s past political activities have previously raised investor apprehension.