US EditionMusk’s Third Party Push Puts His Companies at Risk
UNITED STATES, JUL 7 – Tesla shares dropped 7.6% after Elon Musk announced plans for the America Party, raising concerns over his focus amid a 13.5% decline in second-quarter vehicle sales.
- Elon Musk announced on July 5, 2025, the formation of the America Party as a third political option in the U.S.
- Musk’s move stems from his opposition to the recently passed Big Beautiful Bill and growing frustration with both major parties.
- His political ambitions have sparked public disagreements with President Trump and raised concerns among Tesla investors about Musk's focus.
- In the second quarter of 2025, Tesla's vehicle deliveries totaled 384,122, a decrease compared to 443,956 units delivered in the same period last year; nevertheless, analyst Dan Ives continues to recommend the stock with an Outperform rating and a $500 price target.
- While Musk’s political activism pressures Tesla's stock short-term, long-term prospects remain linked to advances in autonomy and robotics, suggesting cautious optimism.
21 Articles
21 Articles
Elon Musk tells Tesla analyst to 'shut up' over suggestions to limit his political activities
Tesla CEO Elon Musk hit back at an analyst's suggestion that the company's board of directors needs to take steps to keep his focus on Tesla rather than the new political party he's creating.Musk announced his intent to create an America Party over the weekend, which sent Tesla stock plunging. That prompted Wedbush Securities managing director and senior equity research analyst Dan Ives to write an investor note saying the move is a "tipping poi…
Musk’s third party push puts his companies at risk
Elon Musk’s push to create a third political party is putting his business empire at risk once again, raising questions about how his political ambitions align with the interests of his companies. After the tech billionaire launched his new America Party over the weekend, Tesla saw its shares tumble Monday — the latest occasion in recent months in which the electric vehicle (EV) maker has taken a hit over its CEO’s actions in the political sphe…
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