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Musk’s Third Party Push Puts His Companies at Risk
UNITED STATES, JUL 7 – Elon Musk's political activism and launch of the America Party coincide with a 13.5% drop in Tesla's Q2 vehicle sales, raising investor concerns and calls for board intervention.
- Last week, Tesla reported a 13.5% drop in global vehicle sales for the second quarter, one of its worst stretches in years.
- Neil Wilson warned that Musk appears distracted from his responsibilities at Tesla, as investors feared the impact of his political activism.
- Tesla delivered 384,122 vehicles in Q2 2025, falling below last year’s Q2 figure of 443,956 units.
- Shareholders demanded the Tesla board to act, while Dan Ives said, `The board can’t just sit here and watch this go by`.
- Upcoming Q2 report forecasts a 10% sales drop and nearly 20% profit decline, with investor faith in Musk’s long-term vision remaining strong.
22 Articles
22 Articles
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Musk’s third party push puts his companies at risk
Elon Musk’s push to create a third political party is putting his business empire at risk once again, raising questions about how his political ambitions align with the interests of his companies. After the tech billionaire launched his new America Party over the weekend, Tesla saw its shares tumble Monday — the latest occasion in recent months in which the electric vehicle (EV) maker has taken a hit over its CEO’s actions in the political sphe…
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Bias Distribution
- 36% of the sources lean Left, 36% of the sources are Center
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