Tesla shares falling amid investor fears from the “America Party” proposed by Musk

Tesla shares of about seven percent in pre -opening transactions on Monday, after the plans of the CEO, billionaire Elon Musk, sparked the launch of a new American political party, anxious investors about its focus on the future of the electric car manufacturer.
Mask, the former head of government efficiency management, announced his intention to establish the “America Party” on Saturday, expressing his dissatisfaction with the “big and beautiful and beautiful draft law” presented by President Donald Trump.
The step of a new escalating escalation represents his dispute with Trump, and comes shortly after Tesla recorded a second consecutive decrease in the quarterly deliveries. The dispute between them over the tax law turned into a fierce battle on social media in early June, as Trump threatened to cut government contracts and support for Musk companies.
“Investors are concerned about two things, the first is to raise more anger Trump, which affects support, and the second, which is the most important, dispersion of Mask.”
In May, the investors welcomed the decision to reduce his political spending and stay as the chief executive of Tesla for another five years. He spent nearly $ 300 million on the Trump re -election campaign last year.
“But they are now concerned about his preoccupation with this matter and the departure of his focus from Tesla,” Wilson said.
Trump yesterday described Mask’s plans to form the “America Party” as “ridiculous”, and said that the nomination of a mask ally earlier to lead the American Aviation and Space Administration (NASA) was a conflict of interests due to the commercial interests of Mask in the field of space.
Tesla rose to more than $ 488 in December after Trump was re -elected in November, lost 35 percent since then, and closed last week at $ 315.35.