Group 1 - Tesla shares are experiencing a significant decline, with a drop of over 7% in pre-market trading, potentially reducing the company's value by approximately $70 billion [1] - If the shares fall as projected, Elon Musk's personal wealth could decrease by more than $9 billion, bringing his net worth to about $120 billion, while Tesla's market valuation is just under $1 trillion [2] - The decline in Tesla's stock is attributed to Musk's political activities and his relationship with Donald Trump, which has created consumer backlash and investor concerns about Musk's focus on the company [3][4] Group 2 - Analysts express alarm over Musk's announcement of forming a new political party, suggesting it diverts attention from Tesla's business during a critical period [3][4] - Trump's criticism of Musk's political ambitions, labeling them as "ridiculous," adds to the negative sentiment surrounding Tesla's stock performance [5][6] - Musk's statement about the formation of the America party indicates a shift towards political engagement, which may further concern Tesla investors about his commitment to the company [6]