Tesla Stock Plunges 7%, Loses $68B as Musk Announces New Political Party July 7, 2025 4:18 pm 4:18 pm 0 Comments Tesla stock dropped nearly 7% on Monday, wiping out over $68 billion in market value, after CEO Elon Musk revealed plans to launch a new political party. « PREVIOUSHeroic Young Man Saves Family from Texas Floods, Dies After Cutting Artery Breaking Window NEXT »GAZA: Multiple IDF Soldiers Killed in Coordinated Hamas Ambush, Numerous Others Wounded