Source: China News Network
China News Network, July 8th - According to a report by the U.S. Consumer and Business Channel (CNBC), after U.S. entrepreneur Musk announced the establishment of a new political party on social media, Tesla's stock price fell nearly 7% on local time July 7th, with a market value loss of over $68 billion.
On local time April 15th, staff members at a Tesla electric vehicle sales store in San Mateo County, California, USA, cleaned a Tesla electric vehicle. Photo by Xinhua News Agency reporter Liu Guanguan.
The report pointed out that Musk's involvement in politics has always been a topic of debate among investors, and now his re-entry into the political arena has made investors uneasy.
According to previous reports, Musk announced on social media on the 5th the establishment of the "American Party", "to return freedom to the people". He also said that the "American Party" would initially focus on 2 to 3 Senate seats and 8 to 10 House of Representatives seats, "which is enough to have a decisive impact on controversial legislation."
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