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Tesla shares slump pre-market as Musk plans new political party

By Frank Prenesti

Date: Monday 07 Jul 2025

(Sharecast News) - Shares in electric vehicle maker Tesla fell sharply in pre-market trading after chief executive Elon Musk re-opened his rift with former ally Donald Trump and said he was launching a new political party.
The multi-billionaire, who has fiercely opposed Trump's recently signed massive tax and spending Bill, said...

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