15:00 - 7.07.2025

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July 7, Fineko/abc.az. Tesla shares fell more than by 3% in Frankfurt on Monday as investors fear that Elon Musk's new political project will distract his attention from managing the company.

ABC.AZ reports that the day before, Musk announced the creation of the America Party, escalating a public quarrel with U.S. President Donald Trump.

Trump on Sunday called Musk's party "ridiculous", again attacking the billionaire and pointing to a possible conflict of interest between Musk's space business and positions in the U.S. administration.