Tesla Stock Is Falling. What Musk’s ‘America Party’ Means for the Shares.

Tesla investors hoping that CEO Elon Musk would stay out of politics after leaving his position in the Trump administration are going to be sorely disappointed—again. The move comes after Musk announced Saturday he was forming the “America Party,” after running a poll on X asking if a new political party should be created. Musk has more than 225 million followers on X, and the poll garnered almost 1.25 million votes, with 65.4% saying “Yes” to a new party.