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Tesla stock is weaker in premarket trade as investors react to Elon Musk's announcement that he will form a new U.S. political party.
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America Party: Trump calls Musk's new political party plan 'ridiculous' BBCTrump Says Musk Is ‘Off the Rails' With America Party Effort The New York TimesElon Musk Asked "What's Truth Social?". A Deep Dive Into Donald Trump's Platform NDTVBessent casts some shade over Musk's new political party Axios
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Stock futures fall after Trump team says tariffs will go into effect on Aug. 1: Live updates CNBCAsia stocks slip amid US tariff confusion, oil skids ReutersDow Jones Futures Fall: New Trump Tariffs Coming, But Here's The Real Deadline; Tesla's Musk Forms Political Party Investor's Business DailyWeek Ahead for FX, Bonds: Tariff Deadline, Asia Rate Decisions in Focus WSJ
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Musk should stay out of politics, treasury secretary says after ‘America' party news The GuardianStock futures fall after Trump says tariffs to go into effect Aug. 1, not July 9: Live updates CNBCTrump slams Musk's third party as ‘ridiculous' The HillMusk says he is forming new political party after fallout with Trump CNN
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