Tesla share price erodes investor wealth worth $68 billion as Elon Musk launches his own ‘American Party’ | Stock Market News
Source: Live Mint Tesla Inc. shares tumbled 6.8% on Monday (July 7), erasing more than $68 billion in market cap, after CEO Elon Musk revealed plans to launch a new political party — the “America Party.” The move, announced over the weekend, reignited a public feud between Musk and former ally President Donald Trump, escalating…