Tesla shares closed down 6.8% on Monday, erasing $79 billion from the company's valuation, as investors reacted negatively to Elon Musk's new political party. The significant drop underscores widespread concern that Musk's venture into politics will divert his attention...
Marketing guru Scott Galloway has issued a stark warning about Tesla's business prospects, calling CEO Elon Musk's political involvement "historic brand destruction" on the popular Pivot podcast. The electric vehicle giant is paying a steep price for its leader's...