Elon Musk’s new party spooks investors: Tesla shares fall 7% as political move revives Donald Trump feud; stock slumps 35% since December peak

Tesla shares plunged after Elon Musk launched the "America Party," reigniting investor concerns about his focus amid slowing sales and an aging vehicle lineup. This move escalates his feud with Donald Trump, who criticized Musk's influence over NASA. Investors worry about a distracted Musk and potential impacts on Tesla's government contracts, pressuring the board to act.