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Tesla stock drops on Musk's latest battle with Trump, loss of EV and regulatory credits
Tesla stock is sliding on Monday after CEO Elon Musk's latest foray into politics, and Wall Street is growing concerned over the loss of EV tax and regulatory credits stemming from Trump's "One Big Beautiful Bill.
Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics is "exactly the opposite ...
Musk, who had been a close ally of the president, announced on X Saturday that he would be forming the “America Party.” His ...
Musk has not released an official party platform and has reported a false filing of the proposed political party to the ...
Mr. Musk’s involvement in politics and his financial support for the president’s campaign was once seen by investors as a ...
Musk, who earlier advocated for cryptocurrencies, has confirmed that the political party would embrace Bitcoin as "fiat is ...
Elon Musk's social media fight with President Trump over the budget bill this week threatens to have a larger impact.
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