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Elon Musk loses $15 billion in net worth after Tesla stock sinks
TeslaTesla(US:TSLA) Business Insiderยท2025-07-08 00:31

Core Insights - Tesla CEO Elon Musk launched a new political organization called the "America Party," leading to a nearly 7% drop in Tesla shares, equating to a loss of approximately $21 per share [1] - Musk's net worth decreased by $15 billion, although he remains the wealthiest individual [2] - Tesla has experienced consecutive quarterly declines in vehicle deliveries in 2025, marking its worst performance since 2022 [3] Market Reaction - The market's response to Musk's political moves has been negative, with analysts noting that investors disapprove of his political engagement [4] - Tesla stocks have declined by 31% since Trump's inauguration, contrasting with a 4% gain in the S&P 500 during the same period [2] Analyst Opinions - Analysts from Wedbush Securities expressed that Musk's political involvement is contrary to the interests of Tesla investors [9] - William Blair analysts indicated that investors are fatigued by Musk's distractions and would prefer his focus on the robotaxi rollout, downgrading Tesla from "buy" to "hold" due to regulatory challenges [10] Public Perception - A recent poll indicated that the unfavorable view of Musk among Americans rose to 55% from 45% at the end of 2024, reflecting a trend across political affiliations [11] - Some believe that Musk's potential departure from Tesla to pursue politics could be beneficial, as it may alleviate concerns about founder risk [12]