Musk’s political ambition has spooked investors as the auto company reports a decrease in sales in the second quarter.
Tesla shares have tumbled after CEO Elon Musk announced plans to launch a new US political party amid his ongoing feud with his longtime ally, United States President Donald Trump.
Shares of the electric automaker are down 7 percent as of 12pm in New York (16:00 GMT) on Monday. Musk announced his plans on Friday to launch a new political party after disagreements with the…
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News Source: www.aljazeera.com
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