Tesla shares drop after Elon Musk plans a new political party
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla shares fell in premarket trade on Monday after CEO Elon Musk announced plans to form a new political party. The stock was down 7.13% by 4:27 a.m. E.T. Musk said over the weekend…
