Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Source: New York Times
Shares of Tesla had been on a tear since Donald J. Trump won the presidential election. Investors were betting that the carmaker would benefit from the more than $250 million that its chief executive, Elon Musk, spent to support the Trump campaign.But an 8 percent decline in Tesla’s stock on Tuesday all but wiped out what was left of that rally. Investors who once thought that Mr. Trump could help clear…
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