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Musk, Tesla and Net Worth Drop

Elon Musk’s feud with Trump and ‘America Party’ gambit hit Tesla shares and wiped up to $15 billion off his net worth

July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.

UPI on MSN · 2d

Tesla shares drop 7% after Musk unveils new U.S. political party

Stock shares in Elon Musk's car company Tesla fell about 7% Monday after the billionaire ex-DOGE chief announced plans to form his new "America Party."

Reuters on MSN · 2d

Tesla slides as Musk's 'America Party' heightens investor worries

Tesla shares fell nearly 8% on Monday after CEO Elon Musk's plans to launch a new U.S. political party reignited concerns about his commitment to the company's future as it struggles with declining sales.

2don MSN

Tesla shares on the decline amid Musk’s launch of a new party

Months after he endorsed President Donald Trump, Elon Musk is teasing an “America Party” to challenge Republican and ...

2d

Tesla’s real struggles have only just begun

Trump’s budget bill could cost Tesla billions of dollars in credit sales. And Elon Musk’s promise to create a third political ...

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